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    204 S 1St Ave Mill City, OR 97360

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    For Lease
    $2.00 SF/Yr ($1,012 /Mo)

    Commercial building for lease with on-site parking and exposure.

    Property size:
    6,072 SF
    Lot size:
    0.29 Acres

    Property Features for 204 S 1St Ave

    General Information

    Size
    6,072 SF
    Lot size
    0.29 Acres

    Source: SMI Real Estate Agent Casey Oliver

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

    Overview

    Retail Building in Mill City

    This commercial building is available for lease, with the possibility of a built-to-suit structure under a long-term lease agreement. The property features a structure with on-site parking and visibility along 1st Avenue. The building is located across the bridge from Highway 22 in Mill City. The property has a size of 6072 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Mill City
    County
    Linn
    State
    Oregon
    Longitude
    -122.4771834
    Latitude
    44.7536902

    FAQs

    What type of property is this?
    Retail space - Commercial building for lease with on-site parking and exposure.
    Where is this retail space located?
    The property is located at 204 S 1St Ave Mill City, OR.
    What is the lease rate?
    The lease rate is $2.00 SF/Yr.
    What are key features of this property?
    This property features: - Commercial building for lease or built-to-suit opportunity.; - Good on-site parking.; - Great exposure along 1st Ave.
    (503) 851-1441
    Request Owner's contact information
    204 S 1St Ave Mill City, OR 97360
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    Mill City, OR 97360
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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
    204 S 1St Ave Mill City, OR 97360
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