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    706-708 Main St Oregon City, OR 97045

    Sponsored
    For Sale
    $1,950,000

    Historic Oregon City office building, prime location.

    Property size:
    8,748 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use building, the Delta Building, presents a unique investment opportunity in the heart of historic Oregon City, Oregon. Located at 706-708 Main St, 97045, this Class B office building boasts 8,748 square feet of total space, with 6,289 square feet of net rentable area. Built in 1920, the property is zoned for mixed use and offers a blend of creative and executive office spaces, making it ideal for a variety of businesses. The asking price is $1,950,000, translating to $222.91 per square foot. The building operates under a NNN lease type with multiple tenants. Its prime location on Main Street places it within walking distance of the Oregon City Transit Center and the Clackamas County Circuit Court, benefiting from high foot traffic throughout the day and evening. The recent revitalization of Main Street has brought an influx of popular restaurants and shops, creating a vibrant and attractive environment. Furthermore, its proximity to I-205 and Highway 99E ensures easy access for commuters. This property offers a compelling blend of historical charm, modern convenience, and strong investment potential in a thriving Oregon City location. The building's history and location within a revitalized downtown area make it a truly unique opportunity.

    Property Features for 706-708 Main St

    General Information

    Property type
    Office space
    Square Feet
    8,748 SF
    Class
    B

    Building Details

    Year Built
    1920

    HighLights

    • Excellent I‑205 and Hwy 99E access.
    • One block from Clackamas County Circuit Court.
    • Strong retail, restaurant, and entertainment adjacency.
    • High foot traffic throughout the day and evening.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oregon City
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.60809592725
    Latitude
    45.358012167805

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    FAQs

    What type of property is this?
    Office space - Historic Oregon City office building, prime location.
    Where is this office space located?
    The property is located at 706-708 Main St Oregon City, OR.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Excellent I-205 and Hwy 99E access.; One block from Clackamas County Circuit Court.; Strong retail, restaurant, and entertainment adjacency.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    706-708 Main St Oregon City, OR 97045
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