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300 MARKET ST $1,600,000

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300 MARKET ST Lebanon, OR 97355

  • 1.03 Acres
  • Commercial
Listing# 18592614 | Active

$1,600,000

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Days On Market: 71 0 Views
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Property Details

100% LEASED! MU office bldg investment opportunity! Long-term anchor tenant just exercised 5-year renewal. Tenant's include: Kidco Headstart, Farmer's Insur., Armstrong law office, Phillips law office. Amazing location just off the main arterial of Santiam Hwy. Nearby businesses include Wal-Mart, Pizza Hut, Wilco, Dutch Bros, Carl's Jr., Gamestop & many more. Great parking w/over 50 spaces. Easy ingress/egress.

  • General Features
    • Acres 1.03
    • Area Linn County
    • Bank Owned Y/N No
    • Cooling Description Central Air
    • Country US
    • Documents Available Aerial Photo,Profit & Loss Statement,Leases
    • Fuel Description Electricity
    • Gross Income Actual 126437
    • Heating Description Forced Air
    • Net Income Actual 104358
    • Occupancy Types Leased
    • Operating Expenses Actual 22078
    • Present Use Office
    • Sewer Description Public Sewer
    • Short Sale Y/N No
    • Stories 2
    • Supplement Number 0
    • Tax Amount 4321.81
    • Terms Cash,Conventional
    • Third Party Approval Y/N No
    • Truck Door Description At Grade Level
    • View Type Territorial
    • View Y/N Yes
    • Water Description Public
    • Year Built 1981
    • Zoning MU
  • Building Features
    • Buildings Total 1
    • Existing Lease Type 1 - 5 Years Remaining,5 - 10 Years Remaining
    • Garage Or Parking Spaces 50
    • SqFt Approximate Gross 15185
    • SqFt Approximate Office 11250
    • SqFt Approximate Warehouse 3935
  • Room Features
    • Legal Description DN2006-13441
    • Limited Representation Y/N Full Service
  • Property Features
    • Equipment Sprinkler
    • Features Inside Storage,Office,Sign
    • Lot Size 1 to 2.99 Acres
    • Parking Description On Site
    • Property Category Commercial Sale
    • Property Type Income
    • Road Surface Paved
    • Sale Includes Building,Land,Sign

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Neighborhood

97355 (Lebanon) Demographics

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

Market Last 30 Days

$224,000 Median Sales Price
26 Homes Sold
37 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,600,000
      11/5/2018 12:07:00 PM New in Database Source

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      The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Real Estate Professionals are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. This content last updated on 1/15/2019. 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. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.