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Mill City, OR

Mill City, OR Commercial Real Estate for Sale

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Lyons, OR Stayton, OR Mehama, OR

Retail Building on Highway 22

Updated: Jun 10, 2022

Retail Building on Highway 22

815 NW Santiam Blvd, Mill City, OR 97360

$499,000

2,464 sqft · 0.50 AC lot

Highway 22 frontage for high visibility.
Over 1/2 acre parcel with excellent on‑site parking.
Recent updates include roof, insulation, and HVAC (3‑4 years old).
Existing infrastructure from prior restaurant use: stainless, flat top, hood, and walk‑in.
Pole sign in place for advertising.

This listing looks promising.

Here's a quick look at some key insights for

815 NW Santiam Blvd, Mill City, OR 97360

View Property Analytics

Est. Cap Rate

7.6%
Above avg (5.9%)
Est. NOI

$38K
Annual
Price @ 7% Cap

$541K
Above asking
Property Type

Clubs, Lodges, Professional Associations
Built 1950

View Property Analytics

Riverfront Land with Homesite Approval

Updated: Jul 24, 2025

Riverfront Land with Homesite Approval

Mill City, OR 97360

$985,000

68.00 AC lot

1,000+\/- feet of North Santiam River frontage
Approved homesite with standard septic approval
Enjoy a mix of open and wooded areas
Zoned Exclusive Farm Use (EFU) with a portion zoned Rural Residential (RR‑5) that may allow for an additional homesite
Suitable for residential or recreational use

Retail Building on Highway Frontage

Retail Building on Highway Frontage

815 NW Santiam Blvd, Mill City, OR

$525,000

2,464 sqft · 0.55 AC lot

Stand-alone retail building with excellent parking and highway frontage.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Mill City, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Modern Flex Space in Lyons

Modern Flex Space in Lyons

2120 Apple Loop, Lyons, OR

$495,000

4,704 sqft · 0.50 AC lot

4,704 SF flex building with office and shop space.

Commercial Retail Zoned Land

Commercial Retail Zoned Land

21958 EMMA St, Stayton, OR 97383

$64,900

0.08 AC lot

Commercial Retail zoned lot near Hwy 22 and Hwy 226.

Modern Flex Space in Lyons

Modern Flex Space in Lyons

2120 Apple Loop, Lyons, OR 97358

$495,000

4,704 sqft

4,704 SF flex space built in 2019.

Commercial Land Near Highway 22

Commercial Land Near Highway 22

21991 Fern Ridge Rd SE, Stayton, OR 97383

$150,000

Commercial land for sale with high traffic count.

Off-Market Properties in Mill City, OR

Consider similar Off-Market properties in Mill City, 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.

CONVENIENCE STORE

829 1st Ave, Mill City, OR 97360-2327

$3,500,000

Estimated value

0.44 AC lot

CONVENIENCE STORE

829 1st Ave, Mill City, OR 97360-2327

$3,500,000

Estimated value

7,022 sqft · 0.33 AC lot

OFFICE BUILDING

285 5th Ave, Mill City, OR 97360

Value Estimation by Request

2,104 sqft · 0.11 AC lot

HOSPITAL - PRIVATE

250 Alder St, Mill City, OR 97360-2202

Value Estimation by Request

0.14 AC lot

198 Santiam Blvd

DRIVE-THRU RESTAURANT, FAST FOOD

198 Santiam Blvd, Mill City, OR 97360-2103

Value Estimation by Request

1,008 sqft · 0.59 AC lot

300 Santiam Blvd

RETAIL STORES (PERSONAL SERVICES)

300 Santiam Blvd, Mill City, OR 97360-2226

$700,000

Estimated value

3,068 sqft · 0.44 AC lot

CONVENIENCE STORE

250 9th Ave, Mill City, OR 97360-2318

Value Estimation by Request

2,790 sqft · 0.34 AC lot

218 Santiam Blvd

RESTAURANT

218 Santiam Blvd, Mill City, OR 97360-2105

Value Estimation by Request

2,770 sqft · 0.27 AC lot

108 Broadway St

COMMERCIAL (GENERAL)

108 Broadway St, Mill City, OR 97360-0097

Value Estimation by Request

1,008 sqft · 0.22 AC lot

OFFICE/RESIDENTIAL (MIXED USE)

383 1st Ave, Mill City, OR 97360-2324

Value Estimation by Request

912 sqft · 0.08 AC lot

360 Broadway St

OFFICE/RESIDENTIAL (MIXED USE)

360 Broadway St, Mill City, OR 97360-2404

Value Estimation by Request

1,404 sqft · 0.11 AC lot

721 Santiam Blvd

COMMERCIAL (GENERAL)

721 Santiam Blvd, Mill City, OR 97360-2227

Value Estimation by Request

1,034 sqft · 0.32 AC lot

COMMERCIAL (GENERAL)

115 Wall St, Mill City, OR 97360-0027

Value Estimation by Request

2,908 sqft · 0.10 AC lot

382 Santiam Blvd

SERVICE STATION (FULL SERVICE)

382 Santiam Blvd, Mill City, OR 97360-2100

Value Estimation by Request

1,932 sqft · 0.38 AC lot

415 Santiam Blvd

COMMERCIAL (GENERAL)

415 Santiam Blvd, Mill City, OR 97360-0088

Value Estimation by Request

1,476 sqft · 0.13 AC lot

647 Santiam Blvd

RESTAURANT

647 Santiam Blvd, Mill City, OR 97360-2206

Value Estimation by Request

1,034 sqft · 0.12 AC lot

601 Santiam Blvd

VACANT COMMERCIAL LAND

601 Santiam Blvd, Mill City, OR 97360-2206

Value Estimation by Request

0.12 AC lot

250 Santiam Blvd

COMMERCIAL (GENERAL)

250 Santiam Blvd, Mill City, OR 97360-0087

$1,485,000

Estimated value

5,440 sqft · 0.64 AC lot

RESTAURANT

100 Juniper St, Mill City, OR 97360-2607

Value Estimation by Request

2,040 sqft · 0.23 AC lot

146 Santiam Blvd

RESTAURANT

146 Santiam Blvd, Mill City, OR 97360-2103

$620,000

Estimated value

3,368 sqft · 0.10 AC lot

274 Kingwood Ave, Unit 2

APARTMENT HOUSE (5+ UNITS)

274 Kingwood Ave, Mill City, OR 97360-2611

Unit 2

$1,495,000

Estimated value

5,320 sqft · 0.42 AC lot

Mill City, OR Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Mill City, OR, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,928 square feet of properties for sale, with an estimated market value of $1,024,000.

Sale prices for business properties in Mill City, OR start at $499,000, averaging $512,000, and reaching up to $525,000 — 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 2,362

Population Growth (5Y) +8.3%

Median Household Income $68,912

College Educated 15.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
97360	$742K

Taxes & Financing

Tax Rate (average for all types) 1.67%

Property Tax per SF $26.94 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Linn County

Residential Income

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