143 S Main St - Office FOR SALE


Phoenix, OR 97535
$1,200,000 USD
541-890-6708
143 S Main St, Phoenix, OR for Sale
$1,200,000 USD
Office - FOR SALE
1/122
null | Request Cap Rate

143 S Main St
Phoenix, OR 97535


OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present 143-157 S Main Street, a package sale offering of a high-visibility commercial site located in Phoenix, Oregon (the "Site"). The Property encompasses five contiguous parcels totaling ±1.07 acres. The campus-style Site features four professional office/service buildings with a total square footage of ±8,118 SF. The buildings themselves are highly flexible with prior operational use being a professional office complex for a non-profit counseling and rehabilitation center. Each building features various private offices, restrooms, open workspaces, room for storage and much more. Buyers could potentially reconfigure the buildings to be used for a broad range of commercial and professional uses due to the flexible C-C (City Center) zoning district, and some of the buildings are believed to have been converted from single-family residences (de-conversion feasibility unknown; buyer to verify).Prospective buyers should note that the Site is being presented under three separate purchase options: The entire Site, 143-157 S Main Street, which includes all 5 contiguous parcels and their respective buildings; the two southernmost parcels: 153-157 S Main Street, and the northernmost parcel (143 S Main Street) on its own. Key highlights of the Site include its central and highly visible location with a combined 500'+ of frontage on the main thoroughfares in Phoenix. Each building is highly functional, with many modern updates, and could work well as a standalone property or as part of a cohesive office campus. The various access points and main frontage off of S Main Street, a high-traffic arterial in Phoenix, allows for easy accessibility to all four buildings. 157 S Main Street is also strategically located on a hard-corner lot with two points of access off of both S Main Street and Bear Creek Drive. There is abundant room for access and parking, with room for an estimated 30 vehicles across the Site. The opportunity at 143-147 S Main Street is clear for prospective buyers, and is ideal for continued use by a professional non-profit looking to step into ownership of a multi-faceted campus. Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

5-Parcel Package Sale on Main Street in Phoen

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

C-C

APN/PARCEL ID

10012071,10012098,10012103,10012111

ASK ABOUT THIS PROPERTY

Scott KingMerit Commercial Real Estate LLCMore Info
541-890-6708

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Scott KingMerit Commercial Real Estate LLCMore Info
541-890-6708

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