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    124 E Main St Sheridan, OR 97378

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    For Sale
    Contact for pricing

    Redevelopment opportunity with updated foundation, electrical, and grease trap.

    Property size:
    5,800 SF

    Property Features for 124 E Main St

    General Information

    Size
    5,800 SF

    Source: Curt Arthur, SIOR Agent Curt Arthur, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sheridan Riverside Redevelopment Opportunity

    The subject property, formerly known as the Huntley Building, is undergoing redevelopment. The foundation has been updated, and new electrical systems have been installed but not yet distributed. Plumbing and electrical outlets are roughed in, along with a fire sprinkler system. The exterior of the building has not been renovated, and the City of Sheridan offers grant funds for exterior improvements. Located on the east end of the bridge crossing over the South Yamhill River, the property is less than one mile from Highway 99W. The building has a riverside location. The property has a grease trap. The building size is 5800 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -123.3946078
    Latitude
    45.0992337

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    FAQs

    What type of property is this?
    Retail space - Redevelopment opportunity with updated foundation, electrical, and grease trap.
    Where is this retail space located?
    The property is located at 124 E Main St Sheridan, OR.
    What are key features of this property?
    This property features: - Riverside location offers outstanding potential.; - Foundation has been updated.; - New electrical system installed (but not distributed).
    (503) 559-7990
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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
    124 E Main St Sheridan, OR 97378
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