Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district serves as the commercial and civic core of the community. It is the location of city and county offices, downtown commercial uses, and tourism oriented uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBD · Dallas, ORThis district serves as the commercial and civic core of the community. It is the location of city and county offices, downtown commercial uses, and tourism oriented uses
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district serves as the commercial and civic core of the community. It is the location of city and county offices, downtown commercial uses, and tourism oriented uses
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Dallas, OR.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.