707 S Main St | Lebanon, OR 97355
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707 S Main St
Lebanon, OR 97355
Office Property For Sale
Investment Highlights
- Lots of Natural Light
- Downtown Location
- Parking Lot Included
Executive Summary
Investor alert: Fully occupied downtown commercial building with a private parking lot on the corner of Main and Sherman Street in Lebanon. Four unit complex with 3 separate entrances & 208 Feet of street frontage. There is lots of window display opportunity. Updated roof in 2020, LED lighting, new sewer system 2024, updated bathrooms & 2 newer HVAC units. Bring offers and add this downtown gem with a 7.14 Cap Rate to your portfolio. Do not disturb tenants.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
REO Sale
Property Type
Office
Property Subtype
Building Size
4,859 SF
Building Class
B
Year Built
1920
Price
$754,317 CAD
Price Per SF
$155 CAD
Cap Rate
7.14%
NOI
$53,858 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,859 SF
Building FAR
0.53
Lot Size
0.21 AC
Zoning
CBC-Central Business Comm - Commercial
Parking
12 Spaces (2.47 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 0187845 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $133,103 CAD |
PROPERTY TAXES
Parcel Number
0187845
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$133,103 CAD
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