1321 Main St 6,402 SF 100% Leased Retail Building Philomath, OR 97370 $685,000 ($107.00/SF)
INVESTMENT HIGHLIGHTS
- Built in 1912, this is a chance to own a piece of Philomath history and add your story to this property.
- New paint and awnings
- On beautiful main street (recently remodeled)
EXECUTIVE SUMMARY
Beautiful two-story concrete retail building sits on the newly renovated Main St in Philomath.
Built in 1912, it was a post office and a hardware store. New exterior paint, new awnings and some original charm inside and out remains.
The 1st floor could be demised into 3 spaces. The 2nd floor could be office space or apartments. Bring your ideas and imagination to finish the rest.
Parking in back - 6 spaces. Zoned C-1 allows many uses. Buyer to do own due diligence.
Has been home to Furniture Restoration Center for the last 43 years. Business also for sale.
Built in 1912, it was a post office and a hardware store. New exterior paint, new awnings and some original charm inside and out remains.
The 1st floor could be demised into 3 spaces. The 2nd floor could be office space or apartments. Bring your ideas and imagination to finish the rest.
Parking in back - 6 spaces. Zoned C-1 allows many uses. Buyer to do own due diligence.
Has been home to Furniture Restoration Center for the last 43 years. Business also for sale.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,402 SF
Building Class
C
Year Built
1912
Price
$685,000
Price Per SF
$107.00
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.19 AC
Zoning
Downtown Commercial - C-1 Zoning allows many uses including Retail, Restaurant, Tavern, Office, Financial Institution, Residential uses in Mixed-Use, Public buildings, Etc
Parking
6 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
53’ on Main St
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 170708 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $259,128 |
