Lebanon, OR 97355
This exceptional 3,953 square foot office or retail building presents a unique redevelopment opportunity in the heart of Lebanon, Oregon. Strategically located downtown, this property enjoys close proximity to City Hall, ensuring high visibility and accessibility. The building sits on a 0.14-acre lot and offers significant potential for a variety of uses, thanks to its central business zoning. The existing structure boasts a newer membrane roof and a high-efficiency gas forced-air furnace with air conditioning, minimizing maintenance costs and maximizing energy efficiency. Interior features include a spacious 24' x 15' kitchen, two bathrooms, and a convenient laundry room—all situated on a single, easily accessible level. Seven off-street parking spaces are available for tenants or employees, along with convenient alley access for loading and unloading. Currently under contract with contingencies, this property offers a compelling investment prospect for those seeking a prime downtown location with substantial redevelopment potential. The existing infrastructure provides a solid foundation for a variety of commercial ventures, making this an attractive opportunity for both investors and business owners alike. Don't miss this chance to acquire a well-situated property in a thriving Oregon community.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.