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550 S Main St 10,640 SF 100% Leased Office Building Lebanon, OR 97355 $2,453,855 CAD ($230.63 CAD/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
1950
Price
$2,453,855 CAD
Price Per SF
$230.63 CAD
Cap Rate
8.19%
NOI
$201,010 CAD
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 CAD |
| Land Assessment | $0 CAD | Total Assessment | $534,454 CAD |
Property Taxes
Parcel Number
0178489
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$534,454 CAD
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550 S Main St
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