890 2Nd StLebanon, OR 97355

  • Industrial properties
  • 0.16 AC
For Sale
$2,800,000 View listing

Property Details for 890 2Nd St

Lot size
0.16 AC
Property type
Industrial properties
APN
12S 02W 10DD 00400
APU
12S02W10DD00400

Description

This exceptional three-story executive office building, located at 890 S Second St in Lebanon, Oregon, presents a compelling investment opportunity. Boasting 29,975 square feet of versatile space, the property features a flexible open floor plan ideal for a variety of business uses. Situated just one block from Main Street, between Oak and Grant Streets, it enjoys convenient access to local amenities and services. The building benefits from abundant natural light, thanks to numerous skylights and large windows, creating a bright and welcoming atmosphere. Recent upgrades and improvements enhance both functionality and aesthetic appeal. The sale includes an additional 0.48 acres of adjacent land, offering significant potential for future expansion or development. The property is zoned CB and includes 36 parking spaces, ensuring ample accommodation for staff and clients. This well-maintained building in Linn County (zip code 97355) represents a rare chance to acquire a substantial and strategically located executive office space in a thriving Oregon community. The asking price is $2,800,000. This is an owner-occupant or investment opportunity not to be missed.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,883,026
    Hospitality
    $1,724,842
    Educational
    $1,435,048
    Medical
    $1,484,402
    Retail
    $2,232,297

Location Insight

City
Lebanon
County
Linn
State
Oregon
Latitude
44.5372
Longitude
-122.908
CBSA code
10540
CBSA name
ALBANY-LEBANON, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
-
-
-
-
-
-
-

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