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    Main St Dallas, OR 97338

    For Sale
    $1,000,000

    10,414 SF, 8-tenant office building, 100% leased.

    Property size:
    10,414 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    Main Street Plaza presents a compelling investment opportunity in the thriving Dallas, Oregon community. This fully leased, two-story commercial building boasts 10,414 square feet of space, housing a diverse mix of eight tenants including professional offices, medical offices, and community service providers. Its prime location directly on high-traffic Main Street ensures exceptional visibility and accessibility. The property sits on approximately 0.78 acres and offers ample parking for approximately 42 vehicles, a ratio of 4 spaces per 1,000 square feet. Three convenient ingress/egress points enhance traffic flow and convenience. Zoned CG-Commercial General, this property offers considerable flexibility for future tenant needs and potential redevelopment. Originally built in 1969, this well-maintained building has enjoyed stable, long-term ownership under the same family since 1987, demonstrating its enduring appeal and consistent performance. The strong tenant roster and high occupancy rate contribute to a stable income stream, making this a highly attractive investment prospect for discerning buyers seeking a proven, cash-flowing asset in a growing market. The property's size, location, and zoning provide a solid foundation for long-term growth and potential appreciation.

    Property Features for Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,414 SF
    Lot Size
    33,977 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Dallas
    County
    Polk
    State
    Oregon
    Longitude
    -123.3121
    Latitude
    44.92921

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    FAQs

    What type of property is this?
    Office Property / Space - 10,414 SF, 8-tenant office building, 100% leased.
    Where is this office property / space located?
    The property is located at Main St Dallas, OR.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (503) 385-8835
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    Main St Dallas, OR 97338
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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
    Main St Dallas, OR 97338
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