For Sale
$520,000

707 Main St Lebanon, OR 97355

High-yield, fully occupied 4-unit complex

Overview

Added:
Feb 3
Days on market:
84
This exceptional investment opportunity presents a fully occupied four-unit commercial building ideally situated on a prominent corner lot at the intersection of Main and Sherman Streets in the heart of Lebanon, Oregon. Boasting 4,208 square feet on a 0.21-acre lot, this property offers significant street presence with 208 feet of Main Street frontage. The building features three separate entrances, providing convenient access for each of the four units. Recent upgrades enhance the property's value and efficiency, including a new roof installed in 2020, energy-efficient LED lighting throughout, a completely updated sewer system completed in 2024, and modernized bathrooms. Furthermore, two newer HVAC units ensure optimal climate control for tenants. The property's strong occupancy and recent improvements contribute to an attractive 7.14 cap rate, making it an ideal addition to any investor's portfolio. The private parking lot provides ample space for tenants and visitors. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable downtown location. The current tenants are in place, and their privacy should be respected

Property Details for 707 Main St

Property type
Commercial real estate
Square Feet
4,208 SF
Year Built
1920
Lot Size (sq. ft)
9,148 SF

Location Insight

City
Lebanon
County
Linn
State
Oregon
Latitude
44.53899
Longitude
-122.9069

FAQs

What type of property is this?
Commercial real estate - High-yield, fully occupied 4-unit complex
Where is the commercial real estate located?
The property is located at 707 Main St Lebanon, OR.
What is the asking price?
The asking price for this property is $520,000.
How can I contact the broker?
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707 Main St
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