772 Main St, Dallas, OR 97338-3109
This exceptional 3,986 square foot retail property, located at 772 Main St in Dallas, Oregon (zip code 97338), presents a lucrative investment opportunity. Situated in Polk County's revitalized downtown core, this two-tenant building boasts a prime location and consistent income stream. Built in 1900 and zoned for Central Business District (CBD) use, the property features large display windows offering abundant natural light, attracting significant foot traffic. The building is in excellent condition, with no deferred maintenance issues reported. The current lease agreements include built-in rent escalations, ensuring stable and growing returns. Five parking spaces are available at the rear of the building, offering additional income potential. The lot size is 8,288 square feet. The asking price is $650,000, translating to $163.07 per square foot. A detailed list of recent upgrades is available upon request. This fully leased property offers a rare chance to acquire a high-performing asset in a thriving downtown area. Don't miss this opportunity to secure a strong, stable investment in a desirable location.
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Domino's Pizza Take-out & Catering
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.