Building Details

Year built 1950

Floors in Building 1

Building materials Block, Concrete

Listing Agency: Bella Casa Real Estate Group i***@thebellacasagroup.com Show Phone

Listed By: Kristina Lookabill · License #980800006 Show Phone

Added: Oct 21, 2025 Changed: Sep 30 Last Checked: Oct 5 at 10:06PM

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MLS# 577351183

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This C-2 commercial property comprises two tax lots totaling 0.42 acres and includes a 3,000-square-foot automotive shop configuration with four bays and an office. The improvements are associated with a 1950 structure, with block and concrete construction and forced-air heating identified. A separate pad has stubbed utilities from a structure removed following a fire. Building conditions have not been verified, and the sale is court ordered; buyers are responsible for completing their own due diligence.

Highway frontage and access from Main, Barber, and Polk streets provide multiple points of entry. The property is positioned along a corridor carrying approximately 4,000 to 5,000 cars daily. C-2 zoning supports commercial use and allows all R-2 usage as stated in the property information.

Key Highlights

• 0.42 acres across two tax lots
• 3,000‑square‑foot automotive shop configuration with 4 bays and office
• C‑2 zoning allows all R‑2 usage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,829

Cap Rate

5.79%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$376,580 $376.6K

Cap Rate 7%

$268,986 $269.0K

Cap Rate 9%

$209,211 $209.2K

Market Conditions

NOI Build-Up for 3,000 SF

Gross rent

$28.8K $9.60/SF

− Vacancy

−$1.9K −$0.63/SF

EGI

$26.9K $8.97/SF

− OpEx

−$8.1K −$2.69/SF

NOI

$18.8K $6.28/SF

Area

Yamhill County, OR

Vacancy

6.60%

Lease Rate

$9.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$376,580

Cap Rate 7%

$268,986

Cap Rate 9%

$209,211

Alternative Uses

Best Use

Retail

$513.0K

$448.9K – $598.5K (±1% cap)

NOI $35,910 @ 7.0% cap · market cap 11.05%

Second Best

Industrial

$269.0K

$235.4K – $313.8K (±1% cap)

NOI $18,829 @ 7.0% cap · market cap 5.79%

Theoretical Best

Office A

$809.8K

$708.6K – $944.7K (±1% cap)

NOI $56,684 @ 7.0% cap · market cap 17.44%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Willamina Automotive Auto Repair Shop

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Hair Salon Kitchen & Bath Showroom Nail Salon

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

4

Service bays

5,000 VPD

Traffic count

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

17k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 49% Groceries 38% Home Improvements & Furnishings 14%

Dollar General Shops & Services

8,526 visits/mo 0.4 miles

Willamina IGA Groceries

6,584 visits/mo 0.2 miles

Skyberg's Lumber & Hardware Home Improvements & Furnishings

2,363 visits/mo 0.2 miles

Demographics for 97396, OR

3,426

Population

1,473

Households

2.3

Avg Household Size

40

Median Age

10%

College-Educated

94%

High-School Grad

54.6 sq mi

ZIP Area

63

Density / Sq Mi

$52,857

Median Household Income

$42,217

Median Earnings

$1,104

Median Rent

$324,500

Median Home Value

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Auto shop - C-2 commercial property with office space, highway frontage, and access from three streets.

Where is this auto shop located?

The property is located at 452 SE MAIN St Willamina, OR.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: 0.42 acres across two tax lots; 3,000‑square‑foot automotive shop configuration with 4 bays and office; C‑2 zoning allows all R‑2 usage