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    Lebanon, OR 97355

    For Sale
    $520,000

    High-yield, fully occupied 4-unit complex

    Property size:
    4,208 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity presents a fully occupied, four-unit commercial office building ideally situated on a prominent corner lot in downtown Lebanon, Oregon, at the intersection of Main and Sherman Streets. Boasting 4,208 square feet on a 0.21-acre lot, this property offers significant street visibility with 208 feet of frontage along Main Street, providing ample window display opportunities for tenants. The building features three separate entrances for convenient access to each of the four units. Recent upgrades enhance the property's value and efficiency, including a new roof installed in 2020, energy-efficient LED lighting throughout, a completely updated sewer system completed in 2024, modernized bathrooms, and two newer HVAC units. The property includes a valuable private parking lot, a significant advantage in a bustling downtown area. Currently generating a strong 7.14 cap rate, this building represents a compelling addition to any investor's portfolio. The property is offered at $520,000. Tenants are currently in place, and inquiries should be directed through the listing agent. Do not disturb tenants.

    Property Features for

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,208 SF
    Lot Size
    9,148 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.9088
    Latitude
    44.52421

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    FAQs

    What type of property is this?
    Office Property / Space - High-yield, fully occupied 4-unit complex
    Where is this office property / space located?
    The property is located at Lebanon, OR.
    What is the asking price?
    The asking price for this property is $520,000.
    (503) 646-5006
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    Lebanon, OR 97355
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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
    Lebanon, OR 97355
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