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$285,000
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Property Description
Exceptional mixed-use investment opportunity on Main Street featuring a residential duplex plus commercial storefront.Located at 132 E Main Street, Sheridan, OR, this historic 1914 property offers strong existing rental income and future upside, all situated along the scenic South Yamhill River.Residential Component:"¢ Upstairs apartment with private exterior entrance and large elevated deck overlooking the river. Two bedrooms plus office/storage, one full bath, washer/dryer hookups."¢ Downstairs apartment offering two bedrooms plus office/storage, large community-style great room with full kitchen and appliances included, one full bath, washer/dryer hookups.Commercial Component:"¢ Street-level storefront with prime Main Street visibility"¢ Large open retail/business area"¢ Loft storage space"¢ bathroom"¢ Additional flexible space suitable for storage or potential future use (buyer to verify)Recent Improvements:New roof, fresh paint on storefront, and cadet wall heaters in residential units.Property is 100% tenant occupied. Ideal for investors or owner-users seeking a live/work or income-producing asset with mixed-use flexibility. Buyers to perform due diligence regarding zoning, use, and potential modifications.Showings by appointment only. Minimum 4 days' notice required. No lockbox. Please do not disturb tenants.Written offers subject to interior inspection. Proof of funds or pre-approval required with offer.Rent roll and expenses available upon request to qualified buyers.
Full Property Details
Full Property Details for 132 E Main St
General
- Sold For: $285,000
- Taxes: $1,071 (2025)
- Status: Sold
- Type: Business
- Source: RWMLS
- MLS ID: 261473698
- Added to Site: 82 day(s) ago
Parking
- Total Spaces: 2
- Parking Features: Off Site, On Street
Location
- County: Yamhill
- Driving Directions: Take OR-18 to the exit for OR-18B East, OR-18B turns into Main Street. Continue to 132
Community
- Community Name: 156 - Yamhill County including Willamina
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Heater
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Concrete, T-111 Siding
- Roof: Membrane, Other
- Stories/Levels: 2
- Square Feet: 4,524
- Current Bldg. Use: Clothing Shop, Multi Family, Retail
- Year Built: 1914
- Property Condition: Approximately
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Concrete, Paved
Water Features
- Water Front: Yes
- Water Front Name: South Yamhill River
- Water Front Desc.: River Front
Financial Considerations
- Tax Amount: $1,071.01
- Tax Year: 2025
- Terms: Cash, Contract, Conventional
Disclosures and Reports
- Property ID: 222217
Listed by Georgetown Realty Inc. (503) 256-1112, Danne Wilson (971) 517-2953
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls
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Schools
Schools serving 132 E Main St
School District:Sheridan School District 48j
| Name | Grades | Distance |
|---|---|---|
Faulconer-Chapman School 332 Southwest Cornwall Street, Sheridan, OR 97378 | K-8 | 0.6 mi |
Sheridan High School 433 South Bridge Street, Sheridan, OR 97378 | 9-12 | 0.3 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 132 E Main St
Date
Details
Price
Change
Source
3/30/2026
Sold
$285,000
-4.68%
MLS
1/17/2026
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
132 E Main St, Sheridan, OR 97378 (MLS# 261473698) is a Business property that was sold at $285,000 on March 30, 2026. Want to learn more about 132 E Main St? Do you have questions about finding other Business real estate for sale in Sheridan? You can browse all Sheridan real estate or contact a Coldwell Banker agent to request more information.

