706-708 Main St Oregon City, OR 97045
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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