550 S Main St, Lebanon, OR 97355

Building Details

Year built

1950

Roof type

Other

Listing agent LAURA GILLOTT License #920300248 Show Phone

Listing office KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM k***@kw.com 266 E GRANT ST, Corvallis, OR Show Phone

Listing date Oct 14, 2025

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MLS# 834495

Copyright © 2026 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.

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Overview

This remodeled retail building features two levels and a lift elevator installed in 2025. The property was completely remodeled in 2020, with building systems updated including electrical (400 amp 3 phase), lighting, plumbing, interior walls and doors, floor coverings, and bathrooms. A new membrane roof was installed in 2025, along with four new HVAC units, supporting modern, turn-key building operations.

Located at 550 S Main St in Lebanon, Oregon, the property is positioned for retail use under CB zoning. Public remarks indicate multiple tenants currently leased, with an anchor tenant in place through 2031. A restaurant and reception area is available during business hours, and showings require complete access after an accepted offer.

For tenants, buyers, and operators seeking a retail-oriented asset with updated building systems, this property offers a modernized interior and dependable mechanical improvements. The multi-tenant structure and long-term anchor tenancy through 2031 may appeal to users evaluating an occupied retail building. Please do not contact tenants; complete showings will be coordinated upon accepted offer.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

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FAQs

What type of property is this?

Retail space - Remodeled retail building with two levels and lift elevator, supported by updated systems and newer HVAC units.

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: Completely remodeled in 2020, including electrical, plumbing, interior walls/doors, floor coverings, and bathrooms; New membrane roof and 4 new HVAC units installed in 2025; Building systems include 400 amp 3‑phase electrical service and new lighting