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    819 Main St Sheridan, OR 97378

    Sponsored
    For Sale
    $750,000

    Prime Sheridan location, 1.55 acres, redevelopment potential.

    Property size:
    1,668 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1.55-acre commercial property presents a rare opportunity in Sheridan, Oregon. Located at 819 W MAIN St, this conveniently situated parcel sits between Sheridan and Willamina, offering excellent accessibility. The property is zoned for commercial use, allowing for a wide range of development possibilities, including multifamily residential components. The existing single-family home on the site has limited value and will only be shown to serious buyers who are prepared to pursue redevelopment. The 1,668 square foot home is not a primary feature of the sale and should not be considered a significant asset. The land itself is largely flat and features a seasonal creek running through a corner of the property. This presents a unique opportunity for creative landscaping or site design. All essential utilities are readily available, with public water, sewer, and power already connected to the property. Serious inquiries only. Please respect the privacy of the current tenant and refrain from approaching the residence. This is a truly exceptional opportunity to acquire a commercially zoned parcel in a desirable location with significant redevelopment potential.

    Property Features for 819 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,668 SF
    Lot Size
    67,518 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.4077
    Latitude
    45.09917

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Sheridan location, 1.55 acres, redevelopment potential.
    Where is this commercial real estate located?
    The property is located at 819 Main St Sheridan, OR.
    What is the asking price?
    The asking price for this property is $750,000.
    (503) 434-0545
    Request Owner's contact information
    819 Main St Sheridan, OR 97378
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    Sheridan, OR 97378
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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
    819 Main St Sheridan, OR 97378
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