Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Class A Office Space Title is generated by Realmo AI

    1010 S Main A & B St, Lebanon, OR 97355

    View on Map
    Claim this Listing
    For Lease
    $100,006 SF/Yr $12,742,431/Mo (calc)

    Office,Creative/Loft,Institutional/Government,Medical Office,Office Building

    Property size:
    1,529 SF
    Lot size:
    0.25 Acres
    Added:
    Jul 17, 2025
    Days on Market:
    301
    Last Refresh:
    May 13 at 3:06 am

    Property Features for 1010 S Main A & B St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Rooms
    Kitchen
    Parking
    10
    Interior features
    High Speed Internet
    Standard status
    Active
    APN
    1
    Size
    1,529 SF
    Lot size
    0.25 Acres

    Building Details

    Architectural style
    Loft

    We can help!

    Listing Contact
    LAURA GILLOTT

    Listing agent LAURA GILLOTT

    Listing office KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM 266 E GRANT ST, Corvallis, OR

    Listing date Jul 17, 2025

    MLS# 831581 Listing URL

    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.

    HighLights

    • High‑visibility corner lot with high traffic (21,000 per day)
    • 10 off‑street parking spaces
    • Flexible space suitable for legal, accounting, financial services, or insurance
    • Large reception area with high vaulted ceilings and natural lighting
    • Two large private offices and a large conference room
    • Three bathrooms and a kitchenette

    Overview

    This Class "A" office space offers approximately 1,529 square feet situated on a corner lot with high traffic and visibility. The property benefits from 10 off-street parking spaces and signage opportunities. The flexible space includes two large private offices, a large conference room, three bathrooms, a kitchenette, and storage. The multi-level layout features a large reception area with high vaulted ceilings and natural lighting. The property is located in Lebanon, OR, and is suitable for legal, accounting, financial services, or insurance businesses. The lot size is 0.25 acres. The location benefits from high traffic, with approximately 21,000 vehicles per day. The property is currently owner-occupied and will be available upon an accepted agreement.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.81
    Latitude
    44.5254

    Nearby Similar for Lease

    • $235,620 SF/Yr

      Versatile Commercial Space in Lebanon

      Retail, office, and shop space with secured yard available.
      2721 S Main St, Lebanon, OR 97355
      View Details
    • $133,200 SF/Yr

      Remodeled Office Space with Showroom

      Luxurious office space with showroom, large parking lot.
      3640 S Santiam Hwy, Lebanon, OR 97355
      View Details
    • Contact for pricing

      Retail Spaces in Walmart Anchored Center

      Retail spaces available in a Walmart-anchored shopping center.
      495 Weldwood Dr., Lebanon, OR 97355
      View Details
    • $26,226 SF/Yr

      Lebanon Office Space with Amenities

      Class A office space with shared conference room and kitchenette.
      1010 S Main (B) St, Lebanon, OR 97355
      View Details
    • Contact for pricing

      Industrial Property with Fenced Yard

      30,000 SF industrial space with 3-acre fenced yard.
      Lebanon, OR 97355
      View Details
    • Contact for pricing

      Retail Space in Lebanon, Oregon

      Retail spaces available in new Lebanon shopping center.
      2030 S Santiam Hwy, Lebanon, OR
      View Details
    • $24 SF/Yr

      Retail Space Near Walmart

      Retail space available in Walmart-anchored shopping center.
      495 Weldwood Dr, Lebanon, OR
      View Details
    • $1.15 SF/Yr

      Lebanon Retail/Office Space Available

      Three suites available for lease in central Lebanon.
      11-41 E Ash St, Lebanon, OR
      View Details

    FAQs

    What type of property is this?
    Office units - Corner lot office space with high visibility and flexible layout.
    Where is this office units located?
    The property is located at 1010 S Main A & B St Lebanon, OR.
    What is the lease rate?
    The lease rate is $100,006.
    What are key features of this property?
    This property features: High‑visibility corner lot with high traffic (21,000 per day); 10 off‑street parking spaces; Flexible space suitable for legal, accounting, financial services, or insurance
    (541) 451-2211
    We can help!
    Listing Contact
    LAURA GILLOTT
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1010 S Main (A & B) St, Lebanon, OR 97355
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!