661 S Main St, Lebanon, OR 97355 | MLS #837723 | Berkshire Hathaway HomeServices Real Estate Professionals
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Listing provided courtesy of KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM- MLS# 837723MLS ProviderContact Information: DIREC: 541-451-2211

661 S Main StLebanon, OR 97355

Commercial · 27,764 Sq. ft. | 0.87 Acres
$4,750,000 ACTIVE

661 S Main St Overview

Time on Site:
88 days
Visits:
11

Historic downtown hotel established in 1910 approximately 33,612 SF. The ground floor starts with 4 glass front retail spaces 100% occupied. The second and third floors are in process of renovation for an upside of 60+ hotel or apartment spaces. Many upgrades including new membrane roof in 2020? Electrical and plumbing through-out. 10 apartment spaces are 100% occupied. This portfolio includes a 0.37 acre off street parking lot.

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661 S Main St Facts & Features

  • Type Commercial
  • Sq. ft. 27,764
  • Price/Sq.ft. $171
  • Lot 0.87 Acres

Details

General

Building Information

  • Year Built: 1910

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: 80 LINN COUNTY

General Information

  • Property Sub Type: Special Purpose
  • Property Type: Commercial

Interior

General Information

  • Foundation Details: Continuous
  • Living Area: 27764

Exterior

Lot Information

  • Lot Size Acres: 0.87
  • Lot Size Square Feet: 13003
  • Water Source: City

General Information

  • Sewer: City

661 S Main St Neighborhood

Community

97355 (LEBANON) Demographics

42
Median Age
148
Population Density (per sq. mile)
26%
College Educated
$54,799
Estimated Median Income
8,073
Estimated Total Home Owners
3,941
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

661 S Main St Monthly Cost

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Greg Bowyer
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

661 S Main St Market Data

Based on the last 30 days in this zip code

$539,464
Average List Price
$286
Average Price per Square Foot
23
Properties Sold
97
Average Days on Market
221
Properties for Sale
Calculations provided by Reliance Network

661 S Main St History

Date Event Value Agent
5/26/2026Source: Willamette Valley MLS Price Reduction
$4,750,000 -5.0%
4/2/2026Source: Willamette Valley MLS Added to Database
April 02, 2026