401 Main St Falls City, OR 97344-9792
This 1,823 square foot commercial property, located at 401 N Main St in Falls City, Oregon, presents a unique investment opportunity. Built in 1939, this single-story building sits on a 0.2-acre lot and is zoned Falls City CR, offering flexibility for various uses. Currently operating as Frink's General Store, the property features ample natural light, a convenient bathroom, and ample parking. The building's mixed-use zoning allows for a convenience store, grocery store, or quick-service restaurant (QSR), making it ideal for owner-users. The property is offered at $260,000 and includes one building with one unit. Its prime location in Falls City, Oregon (zip code 97344), ensures high visibility and accessibility. The property's APN is 295361, and ownership is held under joint tenancy. This is a rare chance to acquire a well-established commercial space with significant potential in a thriving Oregon community. The property's history and established presence make it an attractive investment for those seeking a turnkey operation or a platform for future expansion. Don't miss this chance to own a piece of Falls City's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
CRS · Falls City, ORFalls City. 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.