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Restored Mixed-Use Building
New
For Sale
$950,000

144 S Main ST, Independence, OR 97351

Ground-floor commercial space pairs with an upstairs apartment and oversized garage.

Property SizeContact for details
Days on Market2

Property Features for 144 S Main ST

General Information

Standard status Active
Total Parking Spaces 2

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Road Access Yes

Amenities

laundry facilities

Building Details

Buildings 1
Listing Agency: Coho Realty
Listed By: Peter Braunworth · License #200603159
Source: Belroserealtors
Added: Sep 9 Last Checked: Sep 10 at 9:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coho Realty

Investment Insights

Based on property information with market context.

The Belt Building is a restored historic mixed-use property with structurally reinforced improvements. Its ground level provides flexible commercial space suited to retail, office, or food service use. The upper level includes a 2-bedroom, 1-bathroom apartment with laundry facilities, adding a residential component to the building.

An oversized 2-car garage offers high ceilings and a restroom. The property fronts S Main ST in downtown Independence, directly across from the fountain at Riverfront Park. The combination of commercial space, residential accommodation, and substantial garage capacity supports multiple ownership or occupancy configurations.

Key Highlights

  • Restored historic building with structural reinforcement
  • Ground‑floor space supports retail, office, or food service use
  • Upstairs 2‑bedroom, 1‑bathroom apartment with laundry facilities

Property Analytics

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Current Use

Coho Realty Real Estate Agency Kelsey Bruce Real ... Real Estate Agency Shawn Shukle -Coho ... Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Auto Parts Store HVAC Service Dental Office Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 47%
Umpqua Bank Shops & Services
4,473 visits/mo 0.1 miles
Krispy Krunchy Chicken Dining
3,953 visits/mo 0.1 miles

Demographics for 97351, OR

11,292
Population
3,697
Households
3.1
Avg Household Size
34
Median Age
25%
College-Educated
89%
High-School Grad
52.3 sq mi
ZIP Area
216
Density / Sq Mi
$84,717
Median Household Income
$40,990
Median Earnings
$1,592
Median Rent
$357,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space pairs with an upstairs apartment and oversized garage.
Where is this mixed-use property located?
The property is located at 144 S Main ST Independence, OR.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Restored historic building with structural reinforcement; Ground‑floor space supports retail, office, or food service use; Upstairs 2‑bedroom, 1‑bathroom apartment with laundry facilities
More about this property
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