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281 S 2nd St 6,575 SF Retail Building Independence, OR 97351 $825,000 ($125.48/SF)
Investment Highlights
- Updated throughout in the last 5 years
- Phase 1 report available
- Located in the downtown overlay + MUPC Zoned
- 10 Ft (approx) Roll Door
Executive Summary
Unique opportunity to own a newly renovated retail/office building in downtown Independence.
Currently owned by the City of Independence, the museum will be relocated to the Library.
The building has a new membrane roof, updates to the HVAC and electrical, fresh sheetrock and flooring (polished concrete).
Space has a flexible floor plan with multiple private offices/conference rooms and potentially two bull-pen areas.
Currently owned by the City of Independence, the museum will be relocated to the Library.
The building has a new membrane roof, updates to the HVAC and electrical, fresh sheetrock and flooring (polished concrete).
Space has a flexible floor plan with multiple private offices/conference rooms and potentially two bull-pen areas.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,575 SF
Building Class
B
Year Built/Renovated
1945/2021
Price
$825,000
Price Per SF
$125.48
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.15 AC
Zoning
MUPC - MUPC
Frontage
Amenities
- 24 Hour Access
Walk Score®
Very Walkable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 374846 | Improvements Assessment | $151,580 |
| Land Assessment | $41,970 | Total Assessment | $193,550 |
Property Taxes
Parcel Number
374846
Land Assessment
$41,970
Improvements Assessment
$151,580
Total Assessment
$193,550
Contacts
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Kelsi Sands -
Alex Rhoten -
Jeff Miller -
David Schacher -
Coldwell Banker Commercial Mountain West
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281 S 2nd St
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