Downtown Oregon City Commercial
720 MAIN Oregon City, OR 97045
720 MAIN, Oregon City, OR, 97045
$945,000
For Sale
$945,000
Unique commercial building in downtown Oregon City with redevelopment potential.
Property Size4,009 SF
Price / SF$235.72
Days on Market105
Property Features for 720 MAIN
General Information
- Standard status
- Active
- Size
- 4,009 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing Agency
JOHN L. SCOTT
(503) 624-2900
Listed by
KIRT DYE · License #200011001
Source
Corcoran
Added: Apr 3 Checked: Jul 15 at 9:30 pm
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 JOHN L. SCOTT
Investment Insights
Based on property information with market context.
Located in downtown Oregon City, this building offers a large open layout with 14-foot ceilings. The property includes an upstairs office and a 30x17 mezzanine. A backdoor exit provides additional flexibility. The building also features a separate 10x19 space with a private entrance and bathroom. The property's location is near the upcoming 23-acre Willamette Falls redevelopment project. The building has 4009 square feet and is suitable for a variety of business uses.
Key Highlights
- Located in the heart of downtown Oregon City, near the 23‑acre Willamette Falls redevelopment project.
- Large open layout with 14‑foot ceilings and a 30x17 mezzanine.
- Separate 10x19 space with private entrance and bathroom for added income or workspace.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.1k | $21.48 |
| − Vacancy | −$6.5k | −$1.61 |
| EGI | $79.7k | $19.87 |
| − OpEx | −$23.9k | −$5.96 |
| NOI | $55.8k | $13.91 |
4,009 SF · lease $21.48/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$796.5K
$697.0K – $929.3K
NOI $55,758 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$946.9K – $1.26M
NOI $75,749 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Secualhomeea — 216 Center St, Oregon City, OR 97045
- Wild Strawberry Florist — 716 Main St, Oregon City, OR 97045
FAQs
What type of property is this?
Storefront property - Unique commercial building in downtown Oregon City with redevelopment potential.
Where is this storefront property located?
The property is located at 720 MAIN Oregon City, OR.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Located in the heart of downtown Oregon City, near the 23‑acre Willamette Falls redevelopment project.; **Large open layout with 14‑foot ceilings and a 30x17 mezzanine.**; **Separate 10x19 space with private entrance and bathroom for added income or workspace.**
