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    1215 Main St Philomath, OR 97370

    Sponsored
    For Lease
    $24 SF/Yr

    Downtown Philomath Office, Shop Bay Option

    Lot size:
    225 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 225-square-foot office space is ideally situated on the first floor of the Main Street Station building in downtown Philomath. The unit is a single-tenant space, perfect for a small business or professional needing a convenient and accessible location. Pre-plumbing is in place for a sink and a point-of-service water heater, simplifying tenant improvements. The property sits on a 0.31-acre lot and offers ample parking both on-site and on the street. A prominent monument sign enhances visibility and brand recognition. For businesses requiring additional space, a 260-square-foot shop bay is available for an added monthly rental fee of $325. This versatile space is suitable for storage or small vehicle storage (automotive repairs are prohibited). This is a rare opportunity to secure a well-located, functional office space in a thriving downtown area. The property is classified as Commercial Office and Land, and is a single-tenant occupancy. The building itself has no additional suites. The property is located in Benton County and offers a unique blend of convenience and functionality for a variety of business needs. Don't miss this chance to establish your business in a prime Philomath location.

    Property Features for 1215 Main St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    225 SF
    Total Rate
    450

    Unit(s) available at that property

    Space
    Size
    225 SF
    Rate per SF
    $24

    HighLights

    • 225 sq. ft. single‑tenant office space.
    • Located in the Main Street Station building in downtown Philomath.
    • Plumbed for a sink and potential water heater.
    • Optional 260 sq. ft. shop bay available for $325/month (storage only, no auto repair).
    • On‑site and street parking available.
    • Monument signage included.
    Property Profile Location Intelligence

    Current Use by Public Records

    JD McGee, Inc. Civil Engineering Company Lisa Burner, LLC Mental Health Service Peak Hearing Systems Medical Clinic Bardon CPA LLC Accounting Firm J&S Auto Wholesale, ... Used Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philomath
    County
    Benton
    State
    Oregon
    Longitude
    -123.45574
    Latitude
    44.5434599

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    FAQs

    What type of property is this?
    Land - Downtown Philomath Office, Shop Bay Option
    Where is this land located?
    The property is located at 1215 Main St Philomath, OR.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 225 sq. ft. single-tenant office space.; Located in the Main Street Station building in downtown Philomath.; Plumbed for a sink and potential water heater.
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    1215 Main St Philomath, OR 97370
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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
    1215 Main St Philomath, OR 97370
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