Search
Renovated Retail Building
For Sale
$825,000

281 S 2nd St, Independence, OR 97351

Renovated retail and office building with an established downtown setting.

Property Size6,575 SF
Price / SF$125.48
Days on Market478

Property Features for 281 S 2nd St

General Information

Standard status Active
Size 6,575 SF
Property subtype Commercial

Building Details

Year Built 1945
Listing Agency: Coldwell Bnkr/Commercial Div
Listed By: KELSI SANDS 503-587-4777
Source: Searchsalemhomelistings
Added: Jun 6, 2025 Changed: Sep 9 Last Checked: Sep 26 at 7:21AM

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 Coldwell Bnkr/Commercial Div

Investment Insights

Based on property information with market context.

This 6,575-square-foot retail building includes office use and has undergone renovation. The property is currently occupied by a museum, with relocation planned to the library, creating a future change in occupancy and use. Located at 281 S 2nd St in downtown Independence, the building offers a commercial setting for retail or office operations.

Key Highlights

  • 6,575‑square‑foot retail and office building
  • Recently renovated building
  • Current museum occupancy with relocation planned to the library

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Independence Heritage Museum Museum

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Renovated retail and office building with an established downtown setting.
Where is this retail space located?
The property is located at 281 S 2nd St Independence, OR.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 6,575‑square‑foot retail and office building; Recently renovated building; Current museum occupancy with relocation planned to the library
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message