Skip To Content

1130 To 1136 Main St

Philomath, OR 97370
  • $500,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 23246878
UPDATED: 27 min ago
$500,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1913
County:

School Ratings & Info

Description

Multi-use investment property located on HWY 20/Main St. in Philomath. The property consists of 5 buildings and a storage container. Leased spaces: 2 residential apartments, 3 retail/office spaces, 2 units in metal shop/building, and a small storage shed. This owner managed property has generated fantastic income with $53,793 in 2022. 7.23% Cap Rate on 2022 Actuals. Pro-forma at 7.81% Cap Rate. ODOT funded HWY 20 project underway to revitalize Main St.

Monthly Payment Calculator



Listing content is copyright © 2023 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2023-05-29T11:47:24.553.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Brantley Christianson Real Estate LLC and should be independently verified.
www.brantleychristianson.com/homes/139415644
Print Image

1130 To 1136 Main St Philomath, OR 97370

  • Price: $500,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 27 min ago
  • MLS #: 23246878
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1913
Built
Neighborhood:
220-Benton County
County:
Benton
Area:
220-Benton County
Property Description
Multi-use investment property located on HWY 20/Main St. in Philomath. The property consists of 5 buildings and a storage container. Leased spaces: 2 residential apartments, 3 retail/office spaces, 2 units in metal shop/building, and a small storage shed. This owner managed property has generated fantastic income with $53,793 in 2022. 7.23% Cap Rate on 2022 Actuals. Pro-forma at 7.81% Cap Rate. ODOT funded HWY 20 project underway to revitalize Main St.
Exterior Features

Attached Garage YN No Parking Features AssignedOnstreet Road Surface Type OtherPaved Roof CompositionMetal View Description Territorial View YN Yes

Interior Features

Cooling Windowunit Cooling YN Yes Heating Heatpump Heating YN Yes

Property Features

Bank Owned YN No Commercial Features Fenced Fuel Description Electricity Green Certification YN No Gross Income 53793 IDXAddress Display YN Yes Listing Terms CashConventional Operating Expense 17634 Property Attached YN No Property Sub Type Businessopportunity Sale Includes BuildingLand Sewer Publicsewer Short Sale YN No Tax Annual Amount 3103.89 Tax Year 2022 Water Source Publicwater Zoning C-2

Listing provided courtesy of Andco Real Estate: [IDXCONTACTINFORMATION].


Listing content is copyright © 2023 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2023-05-29T11:47:24.553.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Brantley Christianson Real Estate LLC and should be independently verified.
 
https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_23246878-2.jpg https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_23246878-2.jpg https://bt-photos.global.ssl.fastly.net/portland/1280_boomver_1_23246878-2.jpg
Logo
Brantley Christianson Real Estate LLC
2005 SE 192nd Ave
Camas WA, 98607