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    OFF-MARKET
    Industrial properties

    890 2nd St, Lebanon, OR 97355-3226

    0.16 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US71-0939537
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 0.16 ac (6,970 SF)
    APN 12S 02W 10DD 00400
    UPID US71-0939537
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    CENTURYTEL OREGON INC
    CENTURYTEL OREGON INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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