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Property profile & analytics
OFF-MARKET
Retail space

401 Main St Falls City, OR 97344-9792

1,823 SF 0.2 ac lot Built 1939
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US71-1702029
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1939
Total area 1,823 SF
Lot 0.2 ac (8,712 SF)
Zoning code CRS
APN 08621-BC-01401
UPID US71-1702029
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Kirby K Frink · 8 yrs held
Kirby K Frink
since 2018
3 recorded transactions
2018
Price N/A
2009
Price N/A
2007
$130,000
Zoning & alternative use
CRS · Falls City, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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