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    Independence, OR 97351

    Sponsored
    For Sale
    $1,000,000

    known for housing Main Street Antiques

    Property size:
    5,150 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    has been meticulously restored and structurally reinforced

    Property Features for

    General Information

    Property type
    Retail properties
    Square Feet
    5,150 SF
    Lot Size
    4,356 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Independence
    County
    Polk
    State
    Oregon
    Longitude
    -123.1845
    Latitude
    44.85334

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    Nearby Similar for Sale

    • $1,050,000
      5,150 SF

      Historic "Belt Building" For Sale

      Iconic, renovated mixed-use building in downtown Independence, Oregon.
      144 S Main St, Independence, OR 97351
      View Details
    • $5,999,999
      17 SF

      Independence Oregon Industrial Property

      Industrial property with development potential in Independence, Oregon.
      596 Hoffman Rd, Independence, OR 97351
      View Details
    • $495,000
      0.04 Acres

      Historic Independence Office Duo

      Two renovated buildings, 100% leased.
      Monmouth St, Independence, OR 97351
      View Details
    • $895,000
      2,750 SF

      Iconic Independence Retail Building

      Historic Charm, Multi-Tenant, High ROI
      Independence, OR 97351
      View Details
    • $1,000,000
      5,150 SF

      OR. This historic property

      known for housing Main Street Antiques
      144 Main St, Independence, OR 97351
      View Details

    FAQs

    What type of property is this?
    Retail property - known for housing Main Street Antiques
    Where is this retail property located?
    The property is located at Independence, OR.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (503) 385-8835
    Request Owner's contact information
    Independence, OR 97351
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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
    Independence, OR 97351
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