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    306 Main St Dallas, OR 97338

    Sponsored
    For Sale
    $1,000,000

    High-traffic Main St location, 100% leased.

    Property size:
    10,414 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    Main Street Plaza presents a compelling investment opportunity in the thriving Dallas, Oregon community. This fully leased, multi-tenant commercial building boasts 10,414 square feet of space spread across two levels, accommodating eight diverse tenants including professional offices, medical practices, and community service providers. Its prominent location directly on high-traffic Main Street ensures exceptional visibility and accessibility. The 0.78-acre site offers ample parking for approximately 42 vehicles (a 4:1,000 SF ratio), and three convenient ingress/egress points. The property's CG-Commercial General zoning allows for a wide range of future tenant uses, enhancing its long-term value and flexibility. Built in 1969 and meticulously maintained, this property has enjoyed stable, local ownership since 1987, demonstrating its enduring appeal and consistent performance. The building's current configuration provides a stable income stream, making it an attractive option for investors seeking a well-established, high-visibility commercial property in a growing market. The substantial lot size of approximately 34,147 square feet offers potential for future expansion or redevelopment, further adding to its investment potential. This is a rare opportunity to acquire a turnkey commercial property with a proven track record of success.

    Property Features for 306 Main St

    General Information

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

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Practical Massage LLC. Massage Therapist Chiropractic First Wellness ... Chiropractor Dr. Jennifer Sneeuwjagt Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Polk
    State
    Oregon
    Longitude
    -123.3136
    Latitude
    44.9273

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    FAQs

    What type of property is this?
    Office Property / Space - High-traffic Main St location, 100% leased.
    Where is this office property / space located?
    The property is located at 306 Main St Dallas, OR.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (503) 385-8835
    Request Owner's contact information
    306 Main St Dallas, OR 97338
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    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
    306 Main St Dallas, OR 97338
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