661 S Main St, Lebanon, OR 97355 | MLS #837723 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAMMLS# 837723MLS ProviderContact Information: DIREC: 541-451-2211
  • 88 days on site
  • 11 views

Historic downtown hotel established in 1910 approximately 33,612 SF. The ground floor starts with 4 glass front retail spaces 100% occupied. The second and third floors are in process of renovation for an upside of 60+ hotel or apartment spaces. Many upgrades including new membrane roof in 2020? Electrical and plumbing through-out. 10 apartment spaces are 100% occupied. This portfolio includes a 0.37 acre off street parking lot.

Source: Willamette Valley MLS, MLS#: 837723

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  • Property Type
    Commercial Sale
  • Lot
    0.87 acres

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  • Median Age
    42
  • Population Density
    148
  • College Educated
    26%
  • Estimated Median Income
    $54,799
  • Estimated Total Home Owners
    8,073
  • Estimated Total Renters
    3,941
  • Owner / Renter Divide
    67% / 33%
  • Estimated Average Household Size
    3
  • Total Population
    31,118
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
5/26/2026Source: Willamette Valley MLS Price Reduction
$4,750,000 -5.0%
4/2/2026Source: Willamette Valley MLS Added to Database
April 02, 2026