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Independence, OR

Retail

Independence, OR Retail Properties & Spaces for Sale

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Salem, OR Monmouth, OR Dallas, OR

Historic "Belt Building" For Sale

Updated: Dec 23, 2024

Historic "Belt Building" For Sale

144 S Main St, Independence, OR

$1,050,000

5,150 sqft · 0.10 AC lot

Fully renovated historic "Belt Building" in downtown Independence, OR, offering a blend of character and modern functionality.
Versatile ground floor space suitable for retail, office, or food service, providing immediate income potential.
Spacious 2‑bedroom, 1‑bathroom apartment upstairs with laundry facilities, adding significant value and rental income possibilities.
Oversized 2‑car garage with high ceilings and a restroom, offering unique storage or workshop capabilities.
Structurally reinforced building, ensuring long‑term stability and minimizing future maintenance costs.

This listing looks promising.

Here's a quick look at some key insights for

144 S Main St, Independence, OR

View Property Analytics

Est. Cap Rate

5.9%
Above avg (5.9%)
Est. NOI

$62K
Annual
Mortgage

$331K
Jan 2020
Last Sold

Jan 2020
$575K
Property Type

Retail Stores
Built 1890

View Property Analytics

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Retail Center with Storefronts

NNN Retail Center with Storefronts

1120-1130 Royvonne Ave SE, Salem, OR 97302

$1,875,000

5,697 sqft

NNN-structured retail center positioned within MU-III zoning, supporting a mix of retail, office, and related uses.

Main Street Commercial Investment Property

Main Street Commercial Investment Property

306 Main Street, Dallas, OR 97338

$1,000,000

10,414 sqft

Fully leased commercial property in Dallas, Oregon with stable tenants.

Main Street Commercial Investment Property

Main Street Commercial Investment Property

Main, Dallas, OR 97338

$1,000,000

10,414 sqft · 0.78 AC lot

100% leased commercial property in Dallas, Oregon for sale.

Class A Office Building Suites

Class A Office Building Suites

3155 River Rd S, Salem, OR 97302

$2,250,000

615 sqft

Two professional office suites with private offices and shared amenities.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in High-Traffic Area

Commercial Land in High-Traffic Area

423 Lancaster Drive Southeast, Salem, OR 97317

$499,900

94,960 sqft

Corner lot zoned for general commercial use with development potential.

Corner Commercial Lot in Amity

Corner Commercial Lot in Amity

7495 Perrydale Rd, Amity, OR 97101

$165,000

0.23 AC lot

High-visibility commercial land parcel in a rural setting.

Corner Commercial Lot For Sale

Corner Commercial Lot For Sale

7495 Perrydale Road, Amity, OR 97101

$165,000

10,018 sqft

High visibility corner commercial lot with easy highway access.

Community Commercial Redevelopment Land

Community Commercial Redevelopment Land

6123 Pacific Bl SW, Albany, OR 97321

$895,000

1.00 AC lot

One-acre, fenced site with 159 feet of street frontage and water and sewer available in the street.

Off-Market Properties in Independence, OR

Consider similar Off-Market properties in Independence, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

203 Monmouth St

RETAIL STORES (PERSONAL SERVICES)

203 Monmouth St, Independence, OR 97351

$1,220,000

Estimated value

56,735 sqft · 0.68 AC lot

RETAIL STORES (PERSONAL SERVICES)

155 C St, Independence, OR 97351-2045

Value Estimation by Request

1,680 sqft · 0.04 AC lot

RETAIL STORES (PERSONAL SERVICES)

235 Main St, Independence, OR 97351-2007

Value Estimation by Request

2,844 sqft · 0.04 AC lot

RETAIL STORES (PERSONAL SERVICES)

300 Main St, Independence, OR 97351-2209

Value Estimation by Request

1,170 sqft · 0.08 AC lot

75 C St Ste, Unit 101

RETAIL STORES (PERSONAL SERVICES)

75 C St Ste, Independence, OR 97351-2063

Unit 101

$7,785,000

Estimated value

41,064 sqft · 0.47 AC lot

RETAIL STORES (PERSONAL SERVICES)

240 Main St, Independence, OR 97351-2006

Value Estimation by Request

5,206 sqft · 0.13 AC lot

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

159 2nd St, Independence, OR 97351-2030

Value Estimation by Request

10,867 sqft · 0.52 AC lot

CONVENIENCE STORE

810 Main St, Independence, OR 97351-2506

$530,000

Estimated value

2,640 sqft · 0.18 AC lot

1696 Monmouth St

CONVENIENCE STORE

1696 Monmouth St, Independence, OR 97351-9726

Value Estimation by Request

3,294 sqft · 0.59 AC lot

RETAIL STORES (PERSONAL SERVICES)

250 Main St, Independence, OR 97351-2006

$630,000

Estimated value

2,314 sqft · 0.09 AC lot

RESTAURANT

87 Main St, Independence, OR 97351-2004

Value Estimation by Request

851 sqft · 0.30 AC lot

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

890 Main St, Independence, OR 97351-2506

Value Estimation by Request

5,494 sqft · 0.76 AC lot

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

587 9th St, Independence, OR 97351-1514

Value Estimation by Request

2,684 sqft · 0.23 AC lot

RESTAURANT

104 Main St, Independence, OR 97351-2005

Value Estimation by Request

6,240 sqft · 0.35 AC lot

1265 Stryker Rd

SHOW ROOM, WAREHOUSE

1265 Stryker Rd, Independence, OR 97351-9602

$830,000

Estimated value

20,160 sqft · 4.13 AC lot

1315 Monmouth St

DRIVE-THRU RESTAURANT, FAST FOOD

1315 Monmouth St, Independence, OR 97351-1126

$880,000

Estimated value

4,315 sqft · 0.66 AC lot

1317 Monmouth St

RETAIL STORES (PERSONAL SERVICES)

1317 Monmouth St, Independence, OR 97351

$5,680,000

Estimated value

76,852 sqft · 8.55 AC lot

4680 Independence Hwy

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

4680 Independence Hwy, Independence, OR 97351-9608

$630,000

Estimated value

10,876 sqft · 1.72 AC lot

SHOW ROOM, WAREHOUSE

505 Lloyd Ln, Independence, OR 97351-2105

Value Estimation by Request

11,968 sqft · 3.92 AC lot

RETAIL STORES (PERSONAL SERVICES)

144 Main St, Independence, OR 97351-2005

$755,000

Estimated value

5,150 sqft · 0.10 AC lot

4590 Independence Hwy

RETAIL STORES (PERSONAL SERVICES)

4590 Independence Hwy, Independence, OR 97351-9679

Value Estimation by Request

2,400 sqft · 0.40 AC lot

RETAIL STORES (PERSONAL SERVICES)

226 Main St, Independence, OR 97351-2070

$610,000

Estimated value

10,992 sqft · 0.16 AC lot

370 Main St Sta, Unit A

RESTAURANT

370 Main St Sta, Independence, OR 97351-2416

Unit A

Value Estimation by Request

8,362 sqft · 0.15 AC lot

Independence, OR Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Independence, OR on our real estate platform. These investment opportunities span a total of 5,150 square feet of properties for sale, with an estimated market value of $1,050,000.

Sale prices for stores in Independence, OR start at $1,050,000, averaging $1,050,000, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 11K

Population Growth (5Y) +7.6%

Median Household Income $84,717

College Educated 31.4%

Taxes & Financing

Tax Rate (average for all types) 1.88%

Property Tax per SF $17.75 per SF

Tax Rate vs County Average 0.22 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

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