About This Home

This 0-bedroom, 0-bathroom commercial at 2885 S Santiam Hwy in Lebanon, OR is listed for $750,000 ($181 per sqft). Built in 1948, the home offers 4,152 sqft of living space on a 0.96 acres lot.

Key Features

  • Built in 1948
  • 0.96 acre lot
  • 18 parking spaces

Property Details

18 spaces
1948

Amenities

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Listing Description

Accepted Offer with Contingencies. Excellent investment opportunity featuring 10 rentable rooms total, including 8 hotel rooms, a cottage, glass-front retail space, & on-site laundry. There are 17 off-street parking spaces and one ADA space. An additional .32-acre vacant lot is included for expansion potential. Both parcels are zoned Highway Commercial. Prime corner location offers strong visibility, signage, and traffic exposure. Owner-carry terms available.

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

2885 S Santiam Hwy

Lebanon, OR 97355

Property Details

Views

Territorial

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2885 S Santiam Hwy is listed at $750,000 ($181/sqft). The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.96 acre lot, 18 parking spaces.

This property is listed by LAURA GILLOTT.

LG

LAURA GILLOTT

Agent at Keller Williams Realty Mid-Willamette

Listed by Keller Williams Realty Mid-Willamette · Broker phone: (541) 738-7770 · Broker website

MLS# 846575· Source: Willamette Valley Multiple Listing Service· 18 days on PropertySimple

Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2885 S Santiam Hwy, Lebanon, OR 97355

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