103-105 S Water St - Storefront FOR SALE


Silverton, OR 97381
$675,000 USD
503-750-9670
103-105 S Water St, Silverton, OR for Sale
$675,000 USD
Storefront - FOR SALE
1/10
null | 7.16% Cap Rate

103-105 S Water St
Silverton, OR 97381


HIGHLIGHTS

  • Fully remodeled in 2016 (ground-up renovation)
  • Historic downtown Silverton location
  • Quality tenant (insurance office)
  • Excellent buy-and-hold investment

OVERVIEW

Investment Opportunity – Fully Remodeled Office Building in Historic Downtown Silverton Located in the heart of historic downtown Silverton, Oregon, this beautifully restored office building was completely remodeled from the ground up in 2016, combining classic brick character with modern systems and finishes. The property is currently occupied by a long-standing insurance company under a gross lease that runs through 2029, with an option to renew, providing stable, predictable income for the next owner. The lease structure offers true hands-off ownership, making this an ideal buy-and-hold investment. The building features a charming brick façade, excellent street presence, and a modernized interior with private offices, glass partitions, abundant natural light, and a professional layout suitable for a wide range of office users. Additional basement space offers valuable storage or future flexibility. Positioned in Silverton’s walkable downtown core, surrounded by local businesses, restaurants, and services, this property offers long-term tenant stability, historic appeal, and strong investment fundamentals in one of Oregon’s most desirable small-town markets.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,613 SF

ZONING

C3

APN/PARCEL ID

330280

ASK ABOUT THIS PROPERTY

Samih SadakaSadaka Realty LLCMore Info
503-750-9670

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Samih SadakaSadaka Realty LLCMore Info
503-750-9670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.