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225 E Airport Rd $2,280,000

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225 E Airport Rd Lebanon, OR 97355

  • 5.75 Acres
  • Commercial
MLS# 743458 | Active
Days On Market: 154 1 Views
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Property Details

Major Reinvestment opportunity in central Lebanon. Adjacent to Safeway shopping center. Mixed use zoning allows Multifamily, Retail, Office, or Light Industrial. This property should support 180+/- apartment units, 70,000 Sq Ft of Retail or Office or 100,000+/- Sq Ft Light Industrial. Adjacent to active rail line and used to have a rail spur. Broker Owned. See WVMLS# 748832.

  • General Features
    • Type Retail
    • Status Note ACTIVE
    • County Linn
    • Suitable For Shopping Center Community Center
    • Suitable For Industrial Distrib Ware, Indust-Busin Park, Office Showroom, Research and Development, Self Storage/Mini-Storage, Warehouse
    • Suitable For Office Institutional/Gov, Medical Office, Office Building, Office-Business Park, Office-RandD, Office-Warehouse
    • Property Use Type Business, Investment
    • Suit Senior Housing Assisted Living Res, Congreg Seniors Housing
  • Building Features
    • Approx Bldg Sqft 26000
    • Electric 3000
    • Fenced Yes
    • Foundation Slab
    • Heating Baseboard, Gas, None
    • High Speed Communication Access Available
    • Roof Metal or Aluminum
  • Property Features
    • Access Paved
    • Acres 5.75
    • Sewer City
    • Approx Lot Dimensions 470 x 500
    • Approx Lot Sqft 240000
    • Water City
    • Flood Plain Unknown
    • Water Sewer 3000
    • Frontage Feet 200
    • Janitor Lawn 500
    • Maintenance 6000
    • New Construction No

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Neighborhood

97355 (Lebanon) Demographics

44Median Age
138Population Density (per sq. mile)
28%College Educated
$43,517 Estimated Median Income
7,316Estimated Total Home Owners
3,762Estimated Total Renters
66% / 34%Estimated Owner / Renter Divide
3Estimated Average Household Size
28,774Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$244,000 Median Sales Price
55 Homes Sold
92 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $2,280,000
      1/15/2019 10:54:00 AM New in Database Source

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      The data relating to real estate for sale on this website come in part from the Broker reciprocity program of the WVMLS and Berkshire Hathaway HomeServices Real Estate Professionals. Real estate listings held by other than Berkshire Hathaway HomeServices Real Estate Professionals are marked with the Broker reciprocity logo and detailed information about these properties includes the names of the listing brokers. Listing data is copyright of 2019 WVMLS. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.