707 S MAIN ST Lebanon, OR $ 570,000
707 S MAIN ST
$ 570,000
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707 S MAIN ST

Lebanon, OR, 97355
$ 570,000
Baths0.0 Sq 4,208

Monthly Estimate*

$ 3,982

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Studio

Commercial Property for sale in Lebanon, OR

for $570,000. This 4,208 square foot building was built in 1920 on a lot size of 0.21.

Investor alert: Fully occupied commercial office/retail building on the corner of Main and Sherman Street in Lebanon. Four unit complex with 3 separate entrances. Two shared bathrooms for three spaces and one space has their own facilities. 12 off street parking spaces and 208' of street frontage. Updated roof in 2020, LED lighting & 2 new HVAC units. With a 5.78% Cap Rate make an offer today and add this downtown commercial gem to your portfolio. Do not disturb tenants.

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Commercial Active

Price

$ 570,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,988

Style

Commercial

Lot Size

0.21

Year Built

1920

Town/City

Lebanon

County/Region

Linn

MLS | Web ID

24343811

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Membrane Other
Zoning CB
Construction Materials Brick
Year Built 1920
Sale Includes Building Land
Stories 2
Property SubType Commercial
Tax Year 2023
Current Use ClothingShop Office Retail
Gross Income 41400.0
County Linn
Operating Expense 8430.0
Property Type CommercialSale
Status Active
Directions Sherman
City Lebanon
MLS Area _221
Lot Size Square Feet 9147.0
Street Name MAIN
Listing Terms Cash Conventional
Tax Annual Amount 1988.29
Property Condition Existing
Days on Market 60
Lease Type YearsRemaining1to5 ModifiedGross
Standard Status Active
Legal Description 12S02W11CB
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Exterior
Parking Features OnSite Paved
Water Source PublicWater
Total Parking 12.0
Number of Buildings 1
Building Area Total 4208.0
Lot Size Acres 0.21
Road Surface Type Concrete Paved
Other Equipment SmokeDetector
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Interior
Street Suffix ST
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Internal Only
Street Number 1 707
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* Excluded Features
List By
Oregon First

Broker

Aclowser@oregonfirst.com

Email

Affordability Calculator

$4,147
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,982
Monthly Property Taxes
$166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$570,000 Listed Price

Map


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707 S MAIN ST, Lebanon, OR, 97355 is a Commercial Property for sale at $570,000 with 4,208 sqft and a lot size of 0.21. 707 S MAIN ST is a studio with 0.0 baths and was built in 1920. The property's zip code is 97355 which is in Lebanon, OR