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Property profile & analytics
FOR SALE
Investment properties

550 S Main St Lebanon, OR 97355

6,720 SF 0.18 ac lot Built 1950
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US71-1906173
Property summary
AI-generated overview

This beautifully remodeled 1,500 square foot office suite, located at 550 S Main St in Lebanon, Oregon (zip code 97355), is situated in the historic MBVA building, sharing the building with MUGS Coffee. Built in 1948 and extensively renovated in 2019, this two-story building offers a modern workspace within a vibrant downtown setting. The suite features a reception area, five private offices, a break room, and two restrooms. The lease includes a private Wi-Fi network and ethernet access, 24-hour building access, all utilities, janitorial services, video surveillance, a private address and locked mailbox. Tenants also enjoy shared access to a conference room, a small meeting room, and a copier/scanner. Located in Linn County, this single-tenancy space is ideal for businesses seeking a professional and convenient location. The property does not include elevators. This exceptional office space provides a complete and efficient work environment. The lease price encompasses a comprehensive package of amenities designed to enhance productivity and streamline operations.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 6,720 SF
Lot 0.18 ac (7,841 SF)
APN 12S 02W 10DA 00300
UPID US71-1906173
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
  • Mugs Coffee House Cafe & Coffee Shop
  • MBVA Building Business Park
  • Jeremy Massari Loan Service Bank
  • American Pacific Mortgage Serving Willamette Valley (NMLS 1850) Loan Service Bank
  • loanDepot Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$744k
Blend (final) Blend
$745k
Owner & transaction history
Mbva LLC · 7 yrs held
Mbva LLC
since 2019
5 recorded transactions
2019
$200,000
2004
Price N/A
2003
$225,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $860,000 +1.6%
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