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Independence, OR

Independence, OR Commercial Real Estate for Sale

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Salem, OR Monmouth, OR Dallas, OR

9 properties

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Historic "Belt Building" For Sale

Updated: Dec 23, 2024

Historic "Belt Building" For Sale

144 S Main St, Independence, OR

$1,050,000

5,150 sqft · 0.10 AC lot

Fully renovated historic "Belt Building" in downtown Independence, OR, offering a blend of character and modern functionality.
Versatile ground floor space suitable for retail, office, or food service, providing immediate income potential.
Spacious 2‑bedroom, 1‑bathroom apartment upstairs with laundry facilities, adding significant value and rental income possibilities.
Oversized 2‑car garage with high ceilings and a restroom, offering unique storage or workshop capabilities.
Structurally reinforced building, ensuring long‑term stability and minimizing future maintenance costs.

This listing looks promising.

Here's a quick look at some key insights for

144 S Main St, Independence, OR

View Property Analytics

Est. Cap Rate

5.9%
Above avg (5.9%)
Est. NOI

$62K
Annual
Mortgage

$331K
Jan 2020
Last Sold

Jan 2020
$575K
Property Type

Retail Stores
Built 1890

View Property Analytics

Independence, OR Land Opportunity

Updated: Aug 15, 2025

Independence, OR Land Opportunity

Jefferson St, Independence, OR 97351

$4,500,000

30.00 AC lot

MX Zoning allows for high‑density development (minimum 9 units per acre).
Multiple housing types are permitted, including family housing, multi‑plexes, and apartments/condos.
Utilities are stubbed to the property line.
Flat property with multiple access points.
Located West of Jefferson Street in Independence, Oregon.

Retail Development Land Parcel

Retail Development Land Parcel

000 Main St, Independence, OR 97351

$159,900

0.21 AC lot

Level retail lot with existing concrete and rear alley parking for flexible owner-user or development.

Industrial Manufacturing Facility with Offices

Industrial Manufacturing Facility with Offices

596 Hoffman Road, Independence, OR 97351

$5,999,999

57,811 sqft

Manufacturing-ready space with multiple stations, grade-level doors, heavy power, and built-out offices on mixed light and heavy industrial zoning.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Independence Oregon Industrial Property

Independence Oregon Industrial Property

596 Hoffman Rd, Independence, OR 97351

$5,999,999

17 sqft

Industrial property with development potential in Independence, Oregon.

Farmland Tract For Sale

Farmland Tract For Sale

8575 Hoffman Rd, Independence, OR 97351

$6,560,000

For-sale agricultural land off Hoffman Rd in Polk County, accessed via Highway 99W.

Industrial Zoned Development Site

Industrial Zoned Development Site

8575 Hoffman Road, Independence, OR 97351

$12,325,000

Large industrial-zoned parcel in city limits with utility availability for future manufacturing, warehousing, or industrial park development.

Commercial Land on Hoffman Road

Commercial Land on Hoffman Road

8575 HOFFMAN RD, Independence, OR 97351

$2,600,000

Commercial land available on Hoffman Road in Independence, Oregon.

Industrial-Zoned Land Inside City Limits

Industrial-Zoned Land Inside City Limits

8575 HOFFMAN RD, Independence, OR 97351

$6,600,000

Industrial-park zoned land currently farmed within Independence city limits.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Independence, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Build-Ready Agricultural Land

Build-Ready Agricultural Land

3154 Kwonesum Ct S, Salem, OR 97306

$599,000

5.37 AC lot

Septic-approved acreage on a cul-de-sac with forest and pasture, offering long-range valley views and privacy.

Rolling Pasture and Forest Land

Rolling Pasture and Forest Land

TA 536193 Riverside Rd S, Salem, OR 97306

$795,000

45.00 AC lot

Rolling hills with pasture and forest, zoned for limited residential development across two tax lots.

Main Street Commercial Investment Property

Main Street Commercial Investment Property

Main, Dallas, OR 97338

$1,000,000

10,414 sqft · 0.78 AC lot

100% leased commercial property in Dallas, Oregon for sale.

Land with Prime Bottom Soils

Land with Prime Bottom Soils

11445 Whiteaker Rd, Dallas, OR

$2,500,000

79.33 AC lot

Land featuring timber, woodland, ponds, and gated private access.

Off-Market Properties in Independence, OR

Consider similar Off-Market properties in Independence, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

811 Main St, Unit 10

APARTMENT HOUSE (5+ UNITS)

811 Main St, Independence, OR 97351-2500

Unit 10

$2,395,000

Estimated value

30,156 sqft · 1.69 AC lot

MINI-WAREHOUSE, STORAGE

885 Main St, Independence, OR 97351-2507

Value Estimation by Request

1,400 sqft · 5.00 AC lot

APARTMENT HOUSE (5+ UNITS)

150 H St, Independence, OR 97351-2303

Value Estimation by Request

9,915 sqft · 0.90 AC lot

800 4th St, Unit 10

APARTMENT HOUSE (5+ UNITS)

800 4th St, Independence, OR 97351-1822

Unit 10

$1,525,000

Estimated value

10,466 sqft · 0.48 AC lot

1004 Monmouth St

MEDICAL BUILDING

1004 Monmouth St, Independence, OR 97351-1323

Value Estimation by Request

1,782 sqft · 0.40 AC lot

203 Monmouth St

RETAIL STORES (PERSONAL SERVICES)

203 Monmouth St, Independence, OR 97351

$1,220,000

Estimated value

56,735 sqft · 0.68 AC lot

RETAIL STORES (PERSONAL SERVICES)

155 C St, Independence, OR 97351-2045

Value Estimation by Request

1,680 sqft · 0.04 AC lot

7775 Hoffman Rd

MINI-WAREHOUSE, STORAGE

7775 Hoffman Rd, Independence, OR 97351

$1,185,000

Estimated value

89,940 sqft · 0.30 AC lot

905 Main St Sta, Unit A

INDUSTRIAL (GENERAL)

905 Main St Sta, Independence, OR 97351-2505

Unit A

$1,250,000

Estimated value

14,400 sqft · 0.81 AC lot

RETAIL STORES (PERSONAL SERVICES)

235 Main St, Independence, OR 97351-2007

Value Estimation by Request

2,844 sqft · 0.04 AC lot

RETAIL STORES (PERSONAL SERVICES)

300 Main St, Independence, OR 97351-2209

Value Estimation by Request

1,170 sqft · 0.08 AC lot

75 C St Ste, Unit 101

RETAIL STORES (PERSONAL SERVICES)

75 C St Ste, Independence, OR 97351-2063

Unit 101

$7,785,000

Estimated value

41,064 sqft · 0.47 AC lot

1630 Monmouth St, Unit 13

APARTMENT HOUSE (5+ UNITS)

1630 Monmouth St, Independence, OR 97351-1010

Unit 13

$1,205,000

Estimated value

13,298 sqft · 0.51 AC lot

320 Evergreen Dr

APARTMENT HOUSE (5+ UNITS)

320 Evergreen Dr, Independence, OR 97351-1646

Value Estimation by Request

12,039 sqft · 0.73 AC lot

OFFICE BUILDING

286 Main St, Independence, OR 97351-2006

Value Estimation by Request

3,471 sqft · 0.13 AC lot

Independence, OR Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Independence, OR, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 62,978 square feet of properties for sale, with an estimated market value of $13,049,998.

Sale prices for business properties in Independence, OR start at $1,050,000, averaging $4,349,999, and reaching up to $5,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 11K

Population Growth (5Y) +7.6%

Median Household Income $84,717

College Educated 31.4%

High-Yield Neighborhoods for Investment

Identify Independence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
97351	$5.6M

Taxes & Financing

Tax Rate (average for all types) 1.88%

Property Tax per SF $17.75 per SF

Tax Rate vs County Average 0.22 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

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