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308 N FIRST ST Drain, OR $ 695,000
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$ 695,000 Get more info
308 N FIRST ST
$ 695,000
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308 N FIRST ST

Drain, OR, 97435
$ 695,000
Bedrooms-- Baths-- Sq 7,500

Monthly Estimate*

$ 4,279

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Commercial Property for sale in Drain, OR

for $695,000. This 7,500 square foot building was built in 1960 on a lot size of 0.62.

With 7500 square feet of usable space, this single level property will serve as a great retail or warehouse option. Located on Hwy 99 and in central Drain, the visibility is unsurpassed! Paved onsite parking is plentiful and additional street parking is available.

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Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 5,610

Style

Commercial

Lot Size

0.62

Year Built

1960

Town/City

Drain

County/Region

Douglas

MLS | Web ID

642092526
Features
General
Sewer PublicSewer
Heating HeatExchanger
Cooling HeatExchanger
Roof Flat Rubber
Zoning C1
Construction Materials Block
Year Built 1960
Sale Includes Building Land Sign
Stories Count 1
Property Subtype Commercial
Tax Year 2025
Current Use Grocery
Parcel Number R20859
Gross Income 0
County Douglas
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions I-5 exit 150 pass Yoncalla to Drain Right on West B Ave left on N First St.
City Drain
MLS Area _265
Lot Size Square Feet 27007.0
Listing Terms Cash Other
Tax Annual Amount 5610.12
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description DRAIN M&B LOT M&B INST 279597 LESS PT SD ACRES 0.62
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Exterior
Road Frontage 335
Parking Features OnSite Paved
Water Source PublicWater
Total Parking 36.0
Number of Buildings 1
Building Area Total 7500.0
Lot Size Acres 0.62
Road Surface Type Paved
Other Equipment Compressor
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Interior
Ceiling Height 14
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Internal Only
Street Number 1 308
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* Excluded Features
List By
Re/Max Integrity

Broker

jtatone@remax.net

Email

Affordability Calculator

$4,747
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,279
Monthly Property Taxes
$468
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/13/2026$695,000 Listed Price

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308 N FIRST ST, Drain, OR, 97435 is a Commercial Property for sale at $695,000 with 7,500 sqft and a lot size of 0.62. 308 N FIRST ST was built in 1960. The property's zip code is 97435 which is in Drain, OR

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