Downtown Oregon City Commercial
For Sale
Contact for pricing
Pending
720 Main St, Oregon City, OR 97045
Unique commercial building in downtown Oregon City with redevelopment potential.
Property Size4,009 SF
Days on Market197
Property Features for 720 Main St
General Information
Standard status
Pending
Size
4,009 SF
Property subtype
Retail
Zoning
MUD
Building Details
Year Built
1910
Buildings
1
Stories
2
Units
2
Listing Agency:
John L Scott Real Estate
Listed By:
Kirt Dye · License #OR 200011001 / Wa 131769
(503) 624-2900
Source:
Crexi
Added: Apr 3
Changed: Oct 8
Last Checked: Oct 16 at 7:22AM
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 Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
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.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,758
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,160
$1.1M
Cap Rate 7%
$796,543
$796.5K
Cap Rate 9%
$619,533
$619.5K
Market Conditions
NOI Build-Up for 4,009 SF
Gross rent
$86.1K $21.48/SF
− Vacancy
−$6.5K −$1.61/SF
EGI
$79.7K $19.87/SF
− OpEx
−$23.9K −$5.96/SF
NOI
$55.8K $13.91/SF
Area
Clackamas County, OR
Vacancy
7.50%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,160
Cap Rate 7%
$796,543
Cap Rate 9%
$619,533
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
67k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 49%
Dutch Bros. Coffee
Dining
24,557 visits/mo
0.1 miles
76
Shops & Services
10,524 visits/mo
0.3 miles
KFC
Dining
9,806 visits/mo
0.2 miles
7-Eleven
Shops & Services
9,057 visits/mo
0.1 miles
Chevron
Shops & Services
6,738 visits/mo
0.1 miles
Demographics for 97045, OR
57,403
Population
21,702
Households
2.6
Avg Household Size
41
Median Age
33%
College-Educated
95%
High-School Grad
86.8 sq mi
ZIP Area
661
Density / Sq Mi
$100,388
Median Household Income
$49,342
Median Earnings
$1,600
Median Rent
$563,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Secualhomeea — 216 Center St, Oregon City, OR 97045
- Wild Strawberry Florist — 716 Main St, Oregon City, OR 97045
Frequently Asked Questions
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 St 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.**
