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550 S Main St 10,640 SF 100% Leased Office Building Lebanon, OR 97355 $1,795,000 ($168.70/SF) 8.19% Cap Rate
EXECUTIVE SUMMARY
Completely remodeled 2020. All building systems including but not limited to to electrical (400 amp 3 phase) lighting, plumbing, interior walls , doors, floor coverings and bathrooms. New membrane roof and 5 new HVAC units installed 2025. Building is 10,545 SF with two levels, served by a lift elevator installed 2025. Multiple tenants 100% leased with anchor tenant leased out to 2031. restaurant and reception area available durning business hours, complete showing upon accepted offer , do. not contact tenants.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
10,640 SF
Building Class
B
Year Built/Renovated
1950/2020
Price
$1,795,000
Price Per SF
$168.70
Cap Rate
8.19%
NOI
$147,039
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,040 SF
Building FAR
1.36
Lot Size
0.18 AC
Zoning
CB
AMENITIES
- Signage
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 0178489 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $393,850 |
PROPERTY TAXES
Parcel Number
0178489
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$393,850
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550 S Main St
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