Main Street Storefront
For Sale
$199,950
711 Main St, Lyons, OR 97360
Versatile commercial building with parking, exterior storage, and a partially fenced site.
Property Size552 SF
Days on Market212
Property Features for 711 Main St
General Information
Standard status
Active
Size
552 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
C
Additional Details
Road Access
Yes
Amenities
partially fenced
outside storage
Building Details
Building Size
552 SF
Year Built
1980
Buildings
1
Listing Agency:
Sandy Lyness Real Estate Investments, LLC
(503) 910-6414
Listed By:
Tony Lee Trout · License #201225710
(503) 910-6414
Source:
Allprofessionalsre
Added: Jan 12
Changed: Aug 11
Last Checked: Aug 11 at 4:35AM
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 Sandy Lyness Real Estate Investments, LLC
Investment Insights
Based on property information with market context.
Built in 1980, this storefront property on Main St. in Lyons offers a flexible commercial layout with a history of office, bakery, and shop uses. The building includes exterior storage, a partially fenced site, and a new roof with gutters. Parking is available on the property and along the street.
The property is zoned C and positioned on Main St. in Lyons, where approximately 600 people are employed locally. The building is offered in as-is, where-is condition, with buyer due diligence required.
The property is zoned C and positioned on Main St. in Lyons, where approximately 600 people are employed locally. The building is offered in as-is, where-is condition, with buyer due diligence required.
Key Highlights
- Storefront property at 711 Main St. in Lyons, OR 97360
- Zoned C for commercial use
- New roof and gutters
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,083
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$201,660
$201.7K
Cap Rate 7%
$144,043
$144.0K
Cap Rate 9%
$112,033
$112.0K
Market Conditions
NOI Build-Up for 552 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$15.6K $28.32/SF
− Vacancy
−$2.2K −$3.96/SF
EGI
$13.4K $24.36/SF
− OpEx
−$3.4K −$6.09/SF
NOI
$10.1K $18.27/SF
Area
Linn County, OR
Vacancy
14.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$201,660
Cap Rate 7%
$144,043
Cap Rate 9%
$112,033
Alternative Uses
Best Use
Office B
$144.0K
$126.0K – $168.1K
NOI $10,083 @ 7.0% cap · market cap 5.04%
Second Best
Retail
$121.2K
$106.0K – $141.4K
NOI $8,482 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$160.8K
$140.7K – $187.6K
NOI $11,257 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97360, OR
2,362
Population
964
Households
2.5
Avg Household Size
41
Median Age
11%
College-Educated
88%
High-School Grad
13.5 sq mi
ZIP Area
175
Density / Sq Mi
$68,912
Median Household Income
$38,846
Median Earnings
$1,168
Median Rent
$281,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Versatile commercial building with parking, exterior storage, and a partially fenced site.
Where is this storefront property located?
The property is located at 711 Main St Lyons, OR.
What is the asking price?
The asking price for this property is $199,950.
What are key features of this property?
This property features: Storefront property at 711 Main St. in Lyons, OR 97360; Zoned C for commercial use; New roof and gutters
