165 Charles St, Mount Angel, OR 97362-9647
This exceptional 2,410-square-foot commercial condo space is ideally situated in the heart of downtown Mount Angel, Oregon, at 165 E Charles St (cross street: Garfield St), zip code 97362. Located on the street level of the Glockenspiel Building, this single-tenant property offers convenient alley access to a drive-up window, perfect for various businesses. Built in 2006, this four-story building sits on a 0.22-acre lot and boasts a total of 9,123 square feet. The space is zoned CG and was previously occupied by Columbia Bank, providing a history of successful commercial use. The property is a commercial condominium, and the landlord covers condo fees, water, sewer, and property taxes. This presents a unique opportunity for businesses seeking a high-visibility location in a vibrant community known for its renowned Oktoberfest celebration. The available space is part of a larger building, offering potential for synergy with other businesses. This turnkey solution provides immediate occupancy for a variety of retail, office, bank, or medical uses. The property's central location and convenient amenities make it an attractive investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CG · Mount Angel, ORMount Angel. Always verify with local authorities before improvements.
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.