890 2nd St, Lebanon, OR 97355-3226
This exceptional three-story executive office building, located at 890 S Second St in Lebanon, Oregon, presents a compelling investment opportunity. Boasting 29,975 square feet of versatile space, the property features a flexible open floor plan ideal for a variety of business uses. Situated just one block from Main Street, between Oak and Grant Streets, it enjoys convenient access to local amenities and services. The building benefits from abundant natural light, thanks to numerous skylights and large windows, creating a bright and welcoming atmosphere. Recent upgrades and improvements enhance both functionality and aesthetic appeal. The sale includes an additional 0.48 acres of adjacent land, offering significant potential for future expansion or development. The property is zoned CB and includes 36 parking spaces, ensuring ample accommodation for staff and clients. This well-maintained building in Linn County (zip code 97355) represents a rare chance to acquire a substantial and strategically located executive office space in a thriving Oregon community. The asking price is $2,800,000. This is an owner-occupant or investment opportunity not to be missed.
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
No recorded transactions found for this property.
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.