500 55-1(next to)Main St #100-1, Sweet Home, OR 97386 | MLS #244934295 | Berkshire Hathaway HomeServices Northwest Real Estate
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Listing provided courtesy of Realty One Group Willamette Valley- MLS# 244934295MLS Provider

500 55-1(next to)Main St #100-1Sweet Home, OR 97386

Vacant Land · 12.30 Acres
$475,000 Active

500 55-1(next to)Main St #100-1 Overview

Time on Site:
420 days
Visits:
3

Prime Development Opportunity! Unlock the potential of this 12.31-acre industrial/commercial parcel in the heart of Sweet Home, surrounded by established businesses and growth. Utilities are nearby, and preliminary engineering is complete'including a geotechnical report, state-approved wetland delineation, and updated zoning. Site plans are already in motion for a storage unit facility, offering a near shovel-ready project (details available upon request).Investors and developers will appreciate the flexibility'there's even potential to revert zoning back to residential, opening the door for single-family or duplex development. Excellent visibility along Highway 20, easy access to town amenities, and proximity to the Foster Lake recreation area make this a standout opportunity.Whether you're pursuing commercial use, light industrial, or residential development, this property offers the location, preparation, and versatility to make your vision a reality.Key Highlights:' 12.31 acres zoned Industrial/Commercial' Engineering, geo report & wetland delineation completed' Utilities available nearby' Surrounded by thriving local businesses' Option to change zoning back to residential' Near Foster Lake & city amenitiesA rare find in the Willamette Valley'build your next investment here!

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500 55-1(next to)Main St #100-1 Facts & Features

  • Type Vacant Land
  • Lot 12.30 Acres

Details

General

School Information

  • Elementary School: Foster
  • Middle Or Junior School: Sweet Home
  • High School: Sweet Home

Business Information

  • Current Use: Commercial,Industrial,MixedUse

Location/Region

  • Country: US
  • County Or Parish: Linn
  • MLS Area Major: 221 - Linn County

Tax Information

  • Tax Annual Amount: 3521.0
  • Tax Year: 2024

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 0257424
  • Property Sub Type: Industrial
  • Property Type: Land
  • Zoning: indus

Interior

Unit Information

  • Unit Number: 100-1

Exterior

Lot Information

  • Lot Features: Brush,Public Road
  • Lot Size Acres: 12.3
  • Lot Size Square Feet: 535788.0
  • Road Surface Type: Paved

General Information

  • Utilities: PublicSewer,PublicWater500FeetPlus,See Remarks,Sewer500FeetPlus

500 55-1(next to)Main St #100-1 Neighborhood

Community

97386 (Sweet Home) Demographics

46
Median Age
121
Population Density (per sq. mile)
18%
College Educated
$52,333
Estimated Median Income
4,086
Estimated Total Home Owners
1,792
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

500 55-1(next to)Main St #100-1 Monthly Cost

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* 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.

500 55-1(next to)Main St #100-1 Market Data

Based on the last 30 days in this zip code

$419,168
Average List Price
$257
Average Price per Square Foot
24
Properties Sold
97
Average Days on Market
166
Properties for Sale
Calculations provided by Reliance Network

500 55-1(next to)Main St #100-1 History

Date Event Value Agent
3/14/2026Source: Regional MLS Price Reduction
$475,000 -11.2%
2/6/2026Source: Regional MLS Price Reduction
$535,000 -10.7%
11/18/2025Source: Regional MLS Price Reduction
$599,000 -28.2%
11/3/2025Source: Regional MLS Price Reduction
$834,000 -5.7%
9/23/2025Source: Regional MLS Price Reduction
$884,000 -1.8%
7/23/2025Source: Regional MLS Price Reduction
$899,900 -7.7%
6/10/2025Source: Regional MLS Price Reduction
$975,000 -2.5%
5/5/2025Source: Regional MLS Added to Database
May 05, 2025