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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

Main St Philomath, OR 97370

1,412 SF 0.08 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Philomath property offers a unique blend of commercial and residential space, ideal for owner-occupancy or investment. Located on Main Street, the retail component boasts 192 square feet of office/retail space, benefiting from prominent street signage and ample parking. An additional 220 square feet of office space is situated off 10th Street. The property also includes a fully renovated residence at the rear, featuring a remodeled kitchen with new plumbing (from street to faucet), a new bathroom, new carpet, a walk-in closet, a study, and smart lighting. Significant improvements exceeding $50,000 have been recently completed, including a new roof, windows, insulation, electrical system, and a new gas furnace and central air conditioning. A convenient shop is located at the rear of the property. The lot size is 0.08 acres. The total building square footage is 1,412 square feet. This versatile property presents a rare opportunity to acquire a well-maintained, updated commercial and residential space in a desirable Philomath location. The property's combination of updated features, prime location, and ample parking makes it an attractive option for a variety of uses.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,412 SF
Lot 0.08 ac (3,485 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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