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Property profile & analytics
OFF-MARKET
Retail space

1233 Main St Philomath, OR 97370

2,030 SF 0.1 ac lot Built 1921
Trust Owned 1-yr Hold Free & Clear
Property ID
US71-1713195
Property summary
AI-generated overview

This exceptional 2,030 square foot vacant storefront presents a remarkable investment opportunity in the heart of Philomath, Oregon. Located at 1233 Main Street, this Class C retail property boasts a prime downtown location, perfectly situated to benefit from recent streetscape enhancements. The single-story building sits on a 4,448 square foot lot and offers ample on-site parking, a significant advantage in a bustling commercial district. Large windows and extensive retail display space provide excellent visibility and create an inviting storefront for any business. The property is zoned for Downtown Commercial Core use, offering flexibility for a variety of retail ventures. This vacant space is ready for immediate occupancy, allowing a new business to quickly establish itself in a thriving community. The property's central location and attractive features make it an ideal choice for entrepreneurs seeking a high-traffic, visible location to launch or expand their business. The asking price is $289,500. Don't miss this chance to secure a prominent retail presence in Philomath's vibrant downtown. The property's address is 1233 Main St, Philomath, OR 97370.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1921
Total area 2,030 SF
Lot 0.1 ac (4,356 SF)
Zoning code C-1
APN 12612CA03500
UPID US71-1713195
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
Current use
Occupant on record · Public records
  • Musical Supply Direct (Bike/Boat/Book/etc) Store
  • Sew It Seams Department Store
  • Niche Retail Consulting Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Christina White Living Trust · 1 yrs held
Christina White Living Trust
since 2025
Last sale
$272,130
7 recorded transactions
2025
$272,130
2025
$272,130
2017
$125,000
2008
$98,500
2008
$150,000
2001
$98,500
1996
$53,500
Zoning & alternative use
C-1 · Philomath, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-1 Central Commercial Allowed Uses C-2 General Commercial Allowed Uses O-R Office/Residential Allowed Uses (A) Bank or financial institution. (B) Church. (C) Day care centers, including family day care homes. (D) Drive-in or drive-through facilities.* (E) Funeral parlor. (F) Fraternal lodge. (G) Membership club. (H) Multifamily and row housing.* (I) Retail…

Zone name Downtown Commercial
General category MIXED_USE
Zone area 7.16 ac
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