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103-105 S Water St 2,480 SF Retail Building Silverton, OR 97381 $675,000 ($272.18/SF) 7.16% Cap Rate

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Investment Highlights

  • Fully remodeled in 2016 (ground-up renovation)
  • Quality tenant (insurance office)
  • Historic downtown Silverton location
  • Excellent buy-and-hold investment

Executive Summary

Investment Opportunity – Fully Remodeled Office Building in Historic Downtown Silverton
Located in the heart of historic downtown Silverton, Oregon, this beautifully restored office building was completely remodeled from the ground up in 2016, combining classic brick character with modern systems and finishes.
The property is currently occupied by a long-standing insurance company under a gross lease that runs through 2029, with an option to renew, providing stable, predictable income for the next owner. The lease structure offers true hands-off ownership, making this an ideal buy-and-hold investment.
The building features a charming brick façade, excellent street presence, and a modernized interior with private offices, glass partitions, abundant natural light, and a professional layout suitable for a wide range of office users. Additional basement space offers valuable storage or future flexibility.
Positioned in Silverton’s walkable downtown core, surrounded by local businesses, restaurants, and services, this property offers long-term tenant stability, historic appeal, and strong investment fundamentals in one of Oregon’s most desirable small-town markets.

Attachments

Sammys Trio

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
2,480 SF
Building Class
C
Year Built
1930
Price
$675,000
Price Per SF
$272.18
Cap Rate
7.16%
NOI
$48,330
Tenancy
Single
Building Height
1 Story
Building FAR
0.95
Lot Size
0.06 AC
Zoning
C3 - DOWNTOWN COMMERCIAL
Frontage
34’ on Water St

Amenities

  • Signage
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
CrossFit
Anytime Fitness
Starbucks
Chase Bank

Property Taxes

Property Taxes

Parcel Number
330280
Land Assessment
$30,450
Improvements Assessment
$229,700
Total Assessment
$260,150
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39310030

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 103-105 S Water St, Silverton, OR 97381

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