311 N FIRST ST Drain, OR $ 139,900
311 N FIRST ST
$ 139,900
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311 N FIRST ST

Drain, OR, 97435
$ 139,900
Baths0.0 Sq 4,655

Monthly Estimate*

$ 977

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Studio

Commercial Property for sale in Drain, OR

for $139,900. This 4,655 square foot building was built in 1935 on a lot size of 0.06.

Live/work potential- Don't miss this great opportunity for your business with heavy traffic on Hwy OR-38/OR-99 centrally located off of I-5 between Eugene and Roseburg. This 4655-square-foot commercial building would be perfect for a retail store, restaurant/bar, gym, or other business with plenty of traffic & on-street parking next to Ray's Food Place in Drain, OR. Use your imagination to turn this two-story building into your successful business! HUGE space both downstairs and upstairs. Walk-out roof for outdoor use. Zoning allows for residential living upstairs for possible live/work situations.

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Commercial Pending

Price

$ 139,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 636

Style

LiveWorkUnit

Lot Size

0.06

Year Built

1935

Town/City

Drain

County/Region

Douglas

MLS | Web ID

23277817

Features
General
Sewer PublicSewer
Heating Ceiling
Zoning COMM
Construction Materials Brick Concrete WoodSiding
Year Built 1935
Sale Includes Building Land Other
Stories 2
Property SubType LiveWorkUnit
Tax Year 2022
Current Use Other Warehouse
Gross Income 0
County Douglas
Operating Expense 0
Property Type CommercialSale
Status Pending
Directions From Roseburg 1-5 N to exit 150 right on W B Ave left on 1st; From Eugene I-5 S to exit 162 OR-38
City Drain
MLS Area _265
Lot Size Square Feet 2613.0
Street Name FIRST
Listing Terms Cash Conventional Rehab
Tax Annual Amount 636.96
Days on Market 233
Lease Type None
Standard Status Pending
Legal Description DRAIN BLOCK 4 LOT PT 3 ACRES 0.06
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Exterior
Parking Features OnStreet
Water Source PublicWater
Number of Buildings 1
Building Area Total 4655.0
Lot Size Acres 0.06
Road Surface Type Paved
Other Equipment Fixtures Furniture
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Interior
Street Suffix ST
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Internal Only
Street Number 1 311
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* Excluded Features
List By
Re/Max Integrity

Broker

kris.ronk@integrityagents.com

Email

Affordability Calculator

$1,030
Per Month
95%
5%
0%
Monthly Principal & Interest
$977
Monthly Property Taxes
$53
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2023$139,900 -16.73% Price Down
7/22/2023$168,000 Listed Price

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311 N FIRST ST, Drain, OR, 97435 is a Commercial Property for sale at $139,900 with 4,655 sqft and a lot size of 0.06. 311 N FIRST ST is a studio with 0.0 baths and was built in 1935. The property's zip code is 97435 which is in Drain, OR