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Fully Occupied Storefront Property
For Sale
Contact for pricing
Pending

402 Clay St E, Monmouth, OR 97361

One-story commercial property combines retail storefronts with warehouse and storage space.

Property SizeContact for details
Days on Market142

Property Features for 402 Clay St E

General Information

Standard status Pending
Property subtype Retail
Zoning main street commercial
Occupancy 100%

Building Details

Stories 1
Tenancy Multi
Listing Agency: Windermere Willamette Valley
Listed By: Hong Wolfe, CCIM · License #OR 200609065
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:57PM

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 Windermere Willamette Valley

Investment Insights

Based on property information with market context.

This one-story commercial property is fully occupied and arranged across 10 tenant spaces. The configuration includes 8 storefront retail suites along with two warehouse or storage spaces, providing a mix of customer-facing and back-of-house commercial areas.

The property is located at 402 Clay St E in downtown Monmouth, near the campus of WOU. Main street commercial zoning supports many commercial and residential uses. The site encompasses over 1 acre and is approximately 11 miles from Corvallis, 11 miles from Salem, and about 54 miles from Portland. A new sewage system update is also noted for the property.

Key Highlights

  • Fully occupied commercial property with 10 tenant spaces
  • 8 storefront retail suites plus two warehouse/storage spaces
  • One‑story commercial buildings on over 1 acre

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Auto Repair Shop Spa & Massage Center Skin Care Clinic

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97361, OR

13,412
Population
4,858
Households
2.8
Avg Household Size
29
Median Age
28%
College-Educated
94%
High-School Grad
132.9 sq mi
ZIP Area
101
Density / Sq Mi
$70,625
Median Household Income
$28,812
Median Earnings
$1,128
Median Rent
$407,100
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - One-story commercial property combines retail storefronts with warehouse and storage space.
Where is this storefront property located?
The property is located at 402 Clay St E Monmouth, OR.
What are key features of this property?
This property features: Fully occupied commercial property with 10 tenant spaces; 8 storefront retail suites plus two warehouse/storage spaces; One‑story commercial buildings on over 1 acre
(541) 757-1783 Call to check price and availability
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