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5-Parcel Package Sale on Main Street in Phoen 143 S Main St 8,118 SF Office Building Phoenix, OR 97535 $1,200,000 ($147.82/SF)
Executive Summary
Merit Commercial Real Estate is pleased to exclusively present 143-157 S Main Street, a package sale offering of a high-visibility commercial site located in Phoenix, Oregon (the "Site").
The Property encompasses five contiguous parcels totaling ±1.07 acres. The campus-style Site features four professional office/service buildings with a total square footage of ±8,118 SF. The buildings themselves are highly flexible with prior operational use being a professional office complex for a non-profit counseling and rehabilitation center.
Each building features various private offices, restrooms, open workspaces, room for storage and much more.
Buyers could potentially reconfigure the buildings to be used for a broad range of commercial and professional uses due to the flexible C-C (City Center) zoning district, and some of the buildings are believed to have been converted from single-family residences (de-conversion feasibility unknown; buyer to verify).Prospective buyers should note that the Site is being presented under three separate purchase options: The entire Site, 143-157 S Main Street, which includes all 5 contiguous parcels and their respective buildings; the two southernmost parcels: 153-157 S Main Street, and the northernmost parcel (143 S Main Street) on its own.
Key highlights of the Site include its central and highly visible location with a combined 500'+ of frontage on the main thoroughfares in Phoenix. Each building is highly functional, with many modern updates, and could work well as a standalone property or as part of a cohesive office campus. The various access points and main frontage off of S Main Street, a high-traffic arterial in Phoenix, allows for easy accessibility to all four buildings. 157 S Main Street is also strategically located on a hard-corner lot with two points of access off of both S Main Street and Bear Creek Drive. There is abundant room for access and parking, with room for an estimated 30 vehicles across the Site.
The opportunity at 143-147 S Main Street is clear for prospective buyers, and is ideal for continued use by a professional non-profit looking to step into ownership of a multi-faceted campus. Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.
The Property encompasses five contiguous parcels totaling ±1.07 acres. The campus-style Site features four professional office/service buildings with a total square footage of ±8,118 SF. The buildings themselves are highly flexible with prior operational use being a professional office complex for a non-profit counseling and rehabilitation center.
Each building features various private offices, restrooms, open workspaces, room for storage and much more.
Buyers could potentially reconfigure the buildings to be used for a broad range of commercial and professional uses due to the flexible C-C (City Center) zoning district, and some of the buildings are believed to have been converted from single-family residences (de-conversion feasibility unknown; buyer to verify).Prospective buyers should note that the Site is being presented under three separate purchase options: The entire Site, 143-157 S Main Street, which includes all 5 contiguous parcels and their respective buildings; the two southernmost parcels: 153-157 S Main Street, and the northernmost parcel (143 S Main Street) on its own.
Key highlights of the Site include its central and highly visible location with a combined 500'+ of frontage on the main thoroughfares in Phoenix. Each building is highly functional, with many modern updates, and could work well as a standalone property or as part of a cohesive office campus. The various access points and main frontage off of S Main Street, a high-traffic arterial in Phoenix, allows for easy accessibility to all four buildings. 157 S Main Street is also strategically located on a hard-corner lot with two points of access off of both S Main Street and Bear Creek Drive. There is abundant room for access and parking, with room for an estimated 30 vehicles across the Site.
The opportunity at 143-147 S Main Street is clear for prospective buyers, and is ideal for continued use by a professional non-profit looking to step into ownership of a multi-faceted campus. Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.
Property Facts
Sale Type
Owner User
Property Type
Building Size
8,118 SF
Building Class
B
Year Built
1945
Price
$1,200,000
Price Per SF
$147.82
Building Height
1 Story
Typical Floor Size
8,118 SF
Building FAR
0.17
Lot Size
1.07 AC
Zoning
C-C - (City Center)
Parking
30 Spaces (3.7 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $413,730 | |
| Land Assessment | $469,900 | Total Assessment | $884,240 |
Property Taxes
Parcel Numbers
Land Assessment
$469,900
Improvements Assessment
$413,730
Total Assessment
$884,240
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