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Listing provided courtesy of OREGON FIRST: 503-646-5006.

707 S Main

Lebanon, OR 97355
  • $530,000
  • STATUS: Active
  • ON SITE: 200 Days
  • MLS #: 813836
UPDATED: 134 min ago
$530,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,208
    SQFT
  • $126
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of OREGON FIRST: 503-646-5006. Listing information © 2024 Willamette Valley Multiple Listing Service



Description

Investor alert: Fully occupied downtown commercial building with a private parking lot on the corner of Main and Sherman Street in Lebanon. Four unit complex with 3 separate entrances & 208 Feet of street frontage. There is lots of window display opportunity. Updated roof in 2020, LED lighting, new sewer system 2024, updated bathrooms & 2 newer HVAC units. Bring offers and add this downtown gem with a 7.14 Cap Rate to your portfolio. Do not disturb tenants.

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Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2024-09-17T00:09:24.157.
www.suelongrealty.com/homes/148157828
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707 S Main Lebanon, OR 97355

  • Price: $530,000
  • Status: Active
  • On Site: 200 Days
  • Updated: 134 min ago
  • MLS #: 813836
0
Beds
0
Baths
0
½ Baths
0.21
Acres
4,208
SQFT
$126
$/SQFT
Neighborhood:
80 LINN COUNTY
County:
Linn
Area:
80 LINN COUNTY
Property Description
Investor alert: Fully occupied downtown commercial building with a private parking lot on the corner of Main and Sherman Street in Lebanon. Four unit complex with 3 separate entrances & 208 Feet of street frontage. There is lots of window display opportunity. Updated roof in 2020, LED lighting, new sewer system 2024, updated bathrooms & 2 newer HVAC units. Bring offers and add this downtown gem with a 7.14 Cap Rate to your portfolio. Do not disturb tenants.
Exterior Features

Access Paved Building1 Info A: 1842 sq ft2 entrancespvt officebrk room Building2 Info B: 792 sq ftdivided in 2 rooms w/ sky light Building3 Info C: 547 sq ftreception officepvt office Building4 Info D: 717 sq ftreception areapvt office Foundation Slab Parking Spaces 12 Railroad No Roof Other (Refer to Remarks) Siding Brick Signage No Trailer Parking No View Territorial

Interior Features

Fire System Hardwired Heating Central ACForced AirGas

Property Features

Assessments Or Liens No Cap Rate 7.14 Commercial Type Retail Confidentiality Agreement Required No Cross Street Sherman Exclusions Tenant Possessions Expenses Actual Or Projected Actual Flood Plain No Garbage 1308 Gross Sched Income 44280 High Speed Comm Access Available Inclusions Storage Lockers Insurance 2576 Janitor Lawn 1200 Net Income 35176 New Construction No Owner Managed Yes Owner Occupied No Possession Closing Property Taxes 2664 Property Use Type BusinessInvestmentOwner-User Seller To Do1031 No Sewer City Source Of Square Feet County Suitable For Office Institutional/GovMedical OfficeOffice Building Tax Amount 2664 Tax Years 2023 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 9104 Water City Water Sewer 1356

© 2024 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2024-09-17T00:09:24.157.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of OREGON FIRST: 503-646-5006. Listing information © 2024 Willamette Valley Multiple Listing Service