1119 Main StSweet Home, OR 97386

Property Details for 1119 Main St

Lot size

0.02 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

13S 01E 31AC 08101

APU

13S01E31AC08101

Description

This exceptional investment opportunity presents two adjacent storefronts at 1119/1121 Main Street in Sweet Home, Oregon, totaling 1,755 square feet. Each building offers a separate entrance, providing flexibility for multiple businesses or a single, expansive operation. Built in 1946, these structures are zoned C-1 and boast a prime location on a bustling main street, ensuring high visibility and foot traffic. The property features ample parking both in front and in the rear, enhancing convenience for customers and employees. Zonal heating provides efficient climate control. Currently vacant, the property is available immediately, offering a blank canvas for a wide range of commercial uses. With an asking price of $279,000 ($158.97 per square foot), this property represents a compelling investment opportunity in a thriving Oregon community. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $178,476

  6.5%

  $164,747

  7%

  $152,979

• Comparable approach

  Method

  Valuation

  Relative Method

  $223,176

  Geo Method

  $223,176

• Alternative Use

  Use

  Valuation

  Residential

  $204,286

  Hospitality

  $187,125

  Educational

  $155,686

  Medical

  $161,040

  Retail

  $242,178

Location Insight

City

Sweet Home

County

Linn

State

Oregon

Latitude

44.3974

Longitude

-122.731

CBSA code

10540

CBSA name

ALBANY-LEBANON, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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