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Mixed-Use Building with Restaurant
For Sale
$650,000

233 S Main Street, Toledo, OR 97391

Commercial Sale, Toledo, OR

Property Size14,364 SF
Lot Size0.12 Acres
Price / SF$45.25
Days on Market549

Property Features for 233 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C - Commercial
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 6, Bathroom 1, Bathroom 7, Bathroom 9, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 8, Bathroom 2
Appliances Water Heater, Water Heater
Subdivision Graham's - Toledo
Directions Building is on the corner of Main st and Butler St Bridge Rd Toledo
Standard status Active
APN 111017BC-6500-00
Size 14,364 SF
Lot size 0.12 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1865

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Floors in Building 2
Flooring type Vinyl
Roof type Flat
Buildings 1
Listing Agency: Real Estate At 44N
Listed By: Theresa Neimann · License #201237599
Added: Apr 29, 2025 Changed: Oct 29 Last Checked: Oct 29 at 7:06PM
MLS# LC-103739

Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The mixed-use property contains 14,364 square feet across six rentable units. One unit operates as a restaurant, and another is configured as an apartment. Four units are vacant while renovations are underway. Recent work includes a new roof, new flooring, and painted walls. A spacious lower-level area was used as a church, and the top floor remains unfinished; plans to add four apartments were in progress.

The building is zoned C - Commercial and sits on a 0.12-acre lot. Public water and sewer are available, along with water service to the property.

Key Highlights

  • 14,364 square feet in a six‑unit mixed‑use building
  • One unit is currently used as a restaurant; another functions as an apartment
  • Four units are vacant during renovations

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Santa's Gift Shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Pharmacy Parking Lot & Garage

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 97391, OR

5,610
Population
2,478
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
86%
High-School Grad
115.3 sq mi
ZIP Area
49
Density / Sq Mi
$57,793
Median Household Income
$35,241
Median Earnings
$1,046
Median Rent
$355,100
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines commercial space with an apartment and includes a lower-level area and unfinished upper floor.
Where is this mixed-use property located?
The property is located at 233 S Main Street Toledo, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 14,364 square feet in a six‑unit mixed‑use building; One unit is currently used as a restaurant; another functions as an apartment; Four units are vacant during renovations
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