761 Main St Dallas, OR 97338-3108
This exceptional retail property, located at 761-773 Main Street in Dallas, Oregon, presents a unique investment opportunity. The 5,600 square foot building, constructed in 1911, boasts a prime Main Street frontage and is undergoing a complete interior and exterior renovation. Improvements include a refreshed facade, updated restrooms, new electrical systems, and a modernized HVAC system. The property's zoning is CBD (Central Business District), reflecting its ideal location within the heart of Dallas. The single-story building is currently configured for multiple tenants, with a total of 4,349 square feet currently vacant. A significant portion of the vacant space comprises a large, open area of approximately 3,324 square feet, offering flexibility for a variety of uses and featuring its own separate west-side access. Additionally, there is a smaller, approximately 1,025 square foot retail area available. The property is situated in Polk County, Oregon, and offers the potential for tenant-specific improvements to be incorporated during the ongoing renovation. This is a rare chance to acquire a renovated, historically significant retail space in a thriving Oregon city. The property's location and ongoing improvements make it an attractive prospect for businesses seeking a high-visibility location with modern amenities.
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
CBD · Dallas, ORDallas. 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.