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    233 S Main St Toledo, OR 97391

    For Sale
    $650,000

    COMMERCIAL - Toledo, OR

    Property size:
    14,364 SF
    Lot size:
    0.12 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 233 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C - Commercial
    Rooms
    Bathroom 4, Bathroom 6, Bathroom 9, Bathroom 3, Bathroom 2, Bathroom 7, Bathroom 8, Bathroom 5, Bathroom 1
    Bathrooms
    9
    APN
    111017BC-6500-00
    Interior features
    Flat
    Size
    14,364 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Floors in Building
    3
    Building materials
    Vinyl Siding
    Roof type
    Flat

    Emerald Coast Realty (541) 283-3589 [email protected]

    Listing agent Theresa Neimann

    Listing date Oct 27, 2025

    Copyright © 2025 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Toledo Commercial Retail Investment Opportunity

    This commercial property in Toledo, Oregon, presents an investment opportunity with over 14,000 square feet of retail space. The building features a new roof and includes six rentable units. Currently, one unit is operating as a restaurant, and another is utilized as a functioning apartment. Several units are vacant due to ongoing renovations that include new flooring and freshly painted walls. The lower level, which faces the waterfront market, was previously used as a spacious church. The top level is unfinished, with plans to develop four apartments. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Santa's Gift Shop Gift Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lincoln
    State
    Oregon
    Longitude
    -123.937522
    Latitude
    44.619743

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    FAQs

    What type of property is this?
    Shopping center - Over 14,000 sq ft of retail space in Toledo, Oregon.
    Where is this shopping center located?
    The property is located at 233 S Main St Toledo, OR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Great investment opportunity with over 14,000 sq ft of retail space.; - Six rentable units offer immediate income potential.; - New roof ensures reduced maintenance costs.
    (541) 283-3589
    Request Owner's contact information
    233 S Main St Toledo, OR 97391
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    233 S Main St Toledo, OR 97391
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