311 N First St,Drain, OR 97435
Drain, OR 97435
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.
Details
| MLS # | 384104693 |
|---|---|
| Listing Type | For Sale |
| Style | Liveworkunit |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 340 |
| Listing Provided By | RE/MAX Integrity | Kristine Ronk |
Features
| SQ Feet | 4,655 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | COMM |
| Acreage | 0.06 |
| Property View | Mountain, Seasonal, Territorial |
Interior
| Heating | Ceiling, Wall Heater |
|---|---|
| Heating Yn | Yes |
| Cooling | None |
| Cooling Yn | No |
Exterior
| Roof | Flat, Membrane |
|---|---|
| Construction Materials | Concrete, Stucco, Wood Siding |
Parking
| Attached Garage Yn | No |
|---|---|
| Parking Features | On Street |
Taxes
| Property | 674 |
|---|
Area Information
| State | OR |
|---|---|
| County | Douglas |
| City | Drain |
| Zip Code | 97435 |
| Listing VS Median (in 97435) | |
Price: $186,200 low | high Med: $310,000 sqft: 4,655 low | high Med: 1,298 $ / sqft: $40 low | high Med: $239 On site: 340 low | high Med: 38.5 | |
Market Activity 97435
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Learn More About This Property
| State | OR |
|---|---|
| County | Douglas |
| City | Drain |
| Zip Code | 97435 |
| Listing VS Median (in 97435) | |
Price: $186,200 low | high Med: $310,000 sqft: 4,655 low | high Med: 1,298 $ / sqft: $40 low | high Med: $239 On site: 340 low | high Med: 38.5 | |
 | $182,000229 N First StDrain, OR 97435 |