Listed by RE/MAX Integrity
$186,200
Est. payment /mo
4,655 SqFt
New
311 N FIRST ST Drain, OR 97435
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Key Details
Property Type Commercial
Sub Type Live Work Unit
Listing Status Active
Purchase Type For Sale
Square Footage 4,655 sqft
Price per Sqft $40
MLS Listing ID 384104693
Year Built 1935
Annual Tax Amount $674
Tax Year 2024
Lot Size 2,613 Sqft
Property Sub-Type Live Work Unit
Property Description
Discover an exceptional commercial opportunity that perfectly blends business potential with live-work convenience in charming Drain, Oregon. This impressive 4,655-square-foot building sits strategically along busy Highway OR-38/OR-99, ensuring your future venture enjoys excellent visibility and steady foot traffic from travelers between Eugene and Roseburg.The two-story structure offers incredible flexibility for entrepreneurs ready to make their mark. Whether you envision a bustling restaurant, retail store, fitness center, or unique specialty business, this spacious property provides the canvas for your commercial dreams. The generous downstairs area flows seamlessly into an equally impressive upper level, creating endless possibilities for creative business layouts.What sets this property apart is its live-work potential – zoning permits residential use upstairs, allowing you to literally live above your business and maximize your investment. Picture rolling out of bed and walking downstairs to your thriving enterprise, eliminating commute stress while keeping overhead costs manageable.Recent improvements include a brand-new roof backed by a 20-year warranty, providing peace of mind for years to come. The unique walk-out roof access opens opportunities for outdoor seating, events, or additional business space. Convenient on-street parking ensures customers can easily access your establishment, while the prime location next to Ray's Food Place guarantees steady neighborhood traffic.This building practically begs for renovation magic – bring your vision and watch this diamond in the rough transform into your profitable business venture. With flexible financing options potentially available, including owner-carry possibilities with a $70,000 down payment, your entrepreneurial journey could begin sooner than expected.
Location
State OR
County Douglas
Area _265
Zoning COMM
Interior
Heating Ceiling, Wall Heater
Cooling None
Equipment Furniture
Exterior
View Mountain, Seasonal, Territorial
Roof Type Flat,Membrane
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing CallListingAgent, Cash, Contract, Conventional, Other, Rehab
Listing Terms CallListingAgent, Cash, Contract, Conventional, Other, Rehab
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