1315 Main St Philomath, OR 97370
This exceptional two-story retail building, located at 1315 Main St in Philomath, Oregon, presents a compelling investment opportunity. Boasting 6,402 square feet on a 0.19-acre lot, this vacant property is zoned Downtown Commercial, offering significant potential for a variety of retail uses. The concrete poured structure is a historic building with six dedicated parking spaces. Its prime location in the heart of Philomath places it just four miles from Oregon State University, ensuring high visibility and accessibility. The asking price is $760,000. Note that the Furniture Restoration Center of Oregon, currently located within the building, is available for separate sale. This property is ideal for owner-users or investors seeking a strong foothold in a thriving Oregon community. Serious inquiries only. Do not disturb current occupants.
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
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.