707 Main St Lebanon, OR 97355-3209
This exceptional investment opportunity presents a fully occupied four-unit commercial building ideally situated on a prominent corner lot at the intersection of Main and Sherman Streets in the heart of Lebanon, Oregon. Boasting 4,208 square feet on a 0.21-acre lot, this property offers significant street presence with 208 feet of Main Street frontage. The building features three separate entrances, providing convenient access for 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, and modernized bathrooms. Furthermore, two newer HVAC units ensure optimal climate control for tenants. The property's strong occupancy and recent improvements contribute to an attractive 7.14 cap rate, making it an ideal addition to any investor's portfolio. The private parking lot provides ample space for tenants and visitors. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable downtown location. The current tenants are in place, and their privacy should be respected
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Laurel Springs School High School
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The Hive Thrift Boutique LLC Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.