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$995,000 Just Listed
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Property Description
Exceptional investment and owner-user opportunity! This 3.1-acre Heavy Industrial property offers outstanding highway exposure, multiple income-producing buildings, and endless possibilities for industrial, manufacturing, contractor, warehouse, or commercial operations. The fully fenced property features several shop buildings with oversized bay doors, concrete floors, extensive power, offices, bathrooms, paint booth, kitchenette, attic storage, and a vehicle hoist. The main office building includes four private offices, kitchen, storage, bathroom, and a recently installed HVAC system. Environmental work has been completed, the septic has been pumped, and the property currently generates income from multiple tenants, providing immediate cash flow while leaving room for future growth. With a combination of paved and graveled yard space, abundant parking and equipment storage, plus excellent Santiam Highway frontage, this is a rare opportunity to own a highly functional industrial property with exceptional flexibility and long-term potential.
Full Property Details
Full Property Details for 5597 S Santiam Hwy
General
- Price: $995,000
- Taxes: $5,359 (2025)
- Status: Active
- Type: Business
- Source: RWMLS
- MLS ID: 523896802
- Updated: 7/16/2026
- Added to Site: 1 day(s) ago
Location
- County: Linn
- Driving Directions: Cascade Dr
Community
- Community Name: 221 - Linn County
Heating & Cooling
- Heating Type: Other
- Heating Fuel: Other
Utilities
- Sewer: Standard Septic
Structural Information
- Property Detached: Yes
- Roof: Metal
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 3.1
- Lot Size (Sq. Ft.): 135,036
- Lot Size: 3 to 4.99 Acres
- Frontage: Paved
Financial Considerations
- Tax Amount: $5,359.56
- Tax Year: 2025
- Terms: Call Listing Agent, Cash, Conventional
Disclosures and Reports
- Legal Description: 12S01W30A0
- Property ID: 165478
Listed by Keller Williams Realty Mid Willamette (541) 704-2737, Sherri Gregory (541) 409-2106
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Schools
Schools serving 5597 S Santiam Hwy
School District:Lebanon Community School District 9
| Name | Grades | Distance |
|---|---|---|
Riverview School 1011 Mountain River Drive, Lebanon, OR 97355 | K-5 | 2.5 mi |
Seven Oak Middle School 550 Cascade Drive, Lebanon, OR 97355 | 6-8 | 2.1 mi |
Lebanon High School 1700 South 5th Street, Lebanon, OR 97355 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5597 S Santiam Hwy
Date
Details
Price
Change
Source
7/16/2026
Listed
$995,000
298%
MLS
10/22/2014
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5597 S Santiam Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,360
3%
$365,310
3%
2024
$5,221
3%
$354,670
3%
2023
$5,067
9%
$344,340
6%
2021
$4,670
-5%
$324,590
-3%
2022
$4,897
5%
$334,320
6%
2021
$4,670
6%
$315,140
3%
2019
$4,426
5%
$305,970
3%
2018
$4,226
3%
$297,060
3%
2017
$4,105
3%
$288,410
3%
2016
$3,996
5%
$280,010
4%
2015
$3,822
-1%
$269,240
—
2014
$3,856
3%
$269,240
1%
2013
$3,740
—
$266,570
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5597 S Santiam Hwy
5597 S Santiam Hwy, Lebanon, OR 97355 (MLS# 523896802) is a Business property. 5597 S Santiam Hwy is currently listed for $995,000 and was received on July 16, 2026. Want to learn more about 5597 S Santiam Hwy? Do you have questions about finding other Business real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

