Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    550 S Main St Lebanon, OR 97355

    For Sale
    $1,795,000

    Business,Investment,Owner-User - Lebanon, OR

    Property size:
    10,545 SF
    Lot size:
    0.18 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 550 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0178489
    Size
    10,545 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Central, Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Roof type
    Other
    Architectural style
    Other

    Keller Williams Realty Mid-Willamette (541) 451-2211 [email protected]

    Listing agent LAURA GILLOTT (541) 451-2211

    Listing date Oct 15, 2025

    MLS# 834495 Listing URL

    Copyright © 2025 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Lebanon Building For Sale

    This 10,545 square foot building, suitable for business, investment, or owner-user, was completely remodeled in 2020. The updates include electrical systems (400 amp 3 phase), lighting, plumbing, interior walls and doors, floor coverings, and bathrooms. A new membrane roof and four new HVAC units are scheduled for installation in 2025, along with a lift elevator. The building features two levels and is located in Lebanon, OR. It is situated on a 0.18-acre lot. The property is currently leased to multiple tenants, with the anchor tenant's lease extending to 2031. Note that a restaurant and reception area are available during business hours. Showings are available upon accepted offer; please do not contact tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mugs Coffee House Coffee Shop MBVA Building Business Park Jeremy Massari Mortgage Lender American Pacific Mortgage ... Mortgage Lender loanDepot Mortgage Lender

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.9074891
    Latitude
    44.5404643

    Nearby Similar for Sale

    • $950,000
      13,317 SF

      Historic Schoolhouse on 5.98 Acres

      Unique property with historic charm and modern functionality near Lebanon.
      31575 Sand Ridge Rd, Lebanon, OR 97355
      View Details
    • $299,900
      2,174 SF

      Two Homes on Large Lot

      Two homes on 0.4 acres with renovation potential.
      1460/1462 Cascade Dr, Lebanon, OR 97355
      View Details
    • $750,000
      3,330 SF

      Remodeled Office Space with Showroom

      Luxurious remodeled office with showroom, shop, and machine shed.
      3640 S Santiam Hwy, Lebanon, OR 97355
      View Details
    • $515,000
      4,698 SF

      Lebanon Mixed-Use 4-Plex For Sale

      Mixed-use 4-plex with retail space and three apartments.
      54 W Sherman St, Lebanon, OR 97355
      View Details
    • $385,000
      1,638 SF

      Lebanon Duplex with Large Lot

      Duplex in Lebanon, OR with highway access and RV parking.
      975 W E -985 St, Lebanon, OR 97355
      View Details
    • $6,920,000
      45,716 SF

      Lebanon Educational Facility For Sale

      Versatile facility with stable income and owner-occupant opportunity.
      60 Industrial Way, Lebanon, OR 97355
      View Details

    FAQs

    What type of property is this?
    Retail space - Remodeled building with multiple tenants, anchor tenant out to 2031.
    Where is this retail space located?
    The property is located at 550 S Main St Lebanon, OR.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: - Anchor tenant lease extends to 2031, providing stable income.; - Completely remodeled in 2020 with updated building systems.; - New membrane roof and 4 new HVAC units installed in 2025.
    (541) 451-2211
    Request Owner's contact information
    550 S Main St Lebanon, OR 97355
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    550 S Main St
    Lebanon, OR 97355
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    550 S Main St Lebanon, OR 97355
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.