712 Main St Oregon City, OR 97045
For Sale
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This exceptional owner-user investment opportunity presents a three-story, 8,020-square-foot creative office building located at 712 Main St, Oregon City, OR 97045. The Class B building, constructed in 1925, boasts a mixed-use downtown zoning designation. Currently, the property has a 50% occupancy rate with two tenants under a NNN lease structure. The asking price is $1,680,000, translating to $209.48 per square foot. Situated in the revitalized downtown area, the building benefits from its proximity to the Oregon City Transit Center and Clackamas County Circuit Court, offering convenient access to amenities and transportation. The location provides easy access to I-205 and Hwy 99E, facilitating seamless connectivity to the greater Portland Metro area. Rent bumps are permitted, presenting an opportunity for future income growth. This historic building, in a city rich in history and situated on a revitalized Main Street, offers a unique blend of character and modern convenience. The property's one building comprises three stories and is part of a vibrant community with numerous restaurants and shops.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MUD · Oregon City, OROregon 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.