# 661 S Main St, Lebanon, OR 97355

> **TL;DR:** commercial, $4,750,000 ($171/sqft), built 1910, 27,764 sqft.
> View. Est. $20,583/mo. Listed 60 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,750,000 |
| Price/sqft | $171 |
| Square Feet | 27,764 |
| Year Built | 1910 |
| Lot Size | 37,897 sqft (0.87 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 60 |

## Why This Home Stands Out

- **Views** - Territorial

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $20,583 |
| **Total** | **$20,583** |

## Key Amenities

- View

## Property Highlights

- Built in 1910
- 0.87 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 661 S Main St, Lebanon, OR 97355
- **County:** Linn

## Listing Agent

- **Name:** LAURA GILLOTT
- **Brokerage:** KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM
- **Phone:** 5414512211
- **Email:** laura@teamgillott.com

## Primary Photo

![661 S Main St - Primary Photo](http://lh.rdcpix.com/a96d0e5521cd5c53089317d2a5e93c5bl-f564063232r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/661-s-main-st-lebanon-or-97355-r837723)*

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**MLS#:** 837723 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/661-s-main-st-lebanon-or-97355-r837723)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "661 S Main St, Lebanon, OR 97355",
  "description": "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.",
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  "datePosted": "2026-06-18",
  "price": 4750000,
  "priceCurrency": "USD",
  "address": {
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    "streetAddress": "661 S Main St",
    "addressLocality": "Lebanon",
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  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 27764,
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```