306 Main St Dallas, OR 97338
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100% Leased Office Building, High Visibility
Property size:
10,414 SFProperty Features for 306 Main St
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 10,414 SF
- Class
- C
- Lot Size
- 33,977 SF
Building Details
- Year Built
- 1969
- Buildings
- 1
- Units
- 8
Listing Agent: Peter Braunworth
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents Main Street Plaza, a 10,414 square foot, two-level office building situated in Dallas, Oregon. Boasting a prime location on high-traffic Main Street, this property enjoys exceptional visibility and accessibility. Currently 100% occupied by eight tenants, the building offers a diverse mix of professional, medical, and community service businesses, ensuring a stable income stream. The 0.78-acre lot provides ample parking for approximately 42 vehicles (a 4:1,000 SF ratio). Built in 1969 and well-maintained, the property benefits from a CG - Commercial General zoning designation, allowing for a wide range of future uses. The asking price is $1,150,000, representing a compelling $110.43 per square foot and a 6.25% cap rate. This Core+ investment presents a strong return on investment in a thriving Oregon community. Three ingress/egress points enhance convenience. The property has been under the same ownership since 1987.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Practical Massage LLC.
Alternative Medicine Practice
Chiropractic First Wellness ...
Alternative Medicine Practice
Dr. Jennifer Sneeuwjagt
Alternative Medicine Practice
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Polk
- State
- Oregon
- Longitude
- -123.31389003068
- Latitude
- 44.927327410197
Nearby Similar for Sale
FAQs
What type of property is this?
Office Property / Space - 100% Leased Office Building, High Visibility
Where is this office property / space located?
The property is located at 306 Main St Dallas, OR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 100% leased multi-tenant commercial building in high-growth Dallas, OR, offering excellent investment potential.; High-traffic, high-visibility location on Main Street, a major Dallas commercial thoroughfare.; Eight tenants across two floors, featuring a diverse mix of professional, medical, and community service businesses.
