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187 W OREGON AVE Creswell, OR $ 375,000
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$ 375,000 Get more info
187 W OREGON AVE
$ 375,000
Back to search
Share Save

187 W OREGON AVE

Creswell, OR, 97426
$ 375,000
Bedrooms-- Baths-- Sq 4,370

Monthly Estimate*

$ 2,309

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Commercial Property for sale in Creswell, OR

for $375,000. This 4,370 square foot building was built in 1920 on a lot size of 0.11.

This versatile 4,350 sq. ft. multi-use property in historic downtown Creswell offers a unique investment opportunity with solid income from an occupied 3-bedroom, 1-bath apartment and approximately 2,640 sq. ft. of shell space ready for your vision. Featuring a newer roof and zoned for downtown commercial use—with potential conversion to residential per city guidelines—this space is perfect for investors or owner-operators looking to capitalize on Creswell’s charm and growth. Formally the Historic Creswell Theater, this property combines character with flexibility in a prime location. Apartment is currently rented for $1895 a month.

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Commercial Pending

Price

$ 375,000

Property Type

Commercial

Taxes

$ 1,864

Style

BusinessOpportunity

Lot Size

0.11

Year Built

1920

Town/City

Creswell

County/Region

Lane

MLS | Web ID

754714687
Features
General
Sewer PublicSewer
Heating WallHeater
Roof Flat
Zoning DC
Year Built 1920
Sale Includes Building
Stories Count 2
Property Subtype BusinessOpportunity
Tax Year 2025
Current Use MultiFamily
Parcel Number 0835692
Gross Income 10845.0
County Lane
Operating Expense 5690.0
Property Type CommercialSale
HOA N
Status Pending
Directions I-5 west on Oregon Ave
City Creswell
MLS Area _235
Lot Size Square Feet 4791.0
Listing Terms Cash Other
Tax Annual Amount 1864.92
Property Condition Existing
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 19-03-14-24-07000
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Exterior
Water Source PublicWater
Building Area Total 4370.0
Lot Size Acres 0.11
Road Surface Type Paved
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Interior
Ceiling Height 20
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Internal Only
Street Number 1 187
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* Excluded Features
List By
United Real Estate Properties

Broker

simon@urepro.com

Contact

Affordability Calculator

$2,464
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$155
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
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Pricing History
DatePricePrice ChangeDescription
5/5/2026$375,000 Listed Price

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187 W OREGON AVE, Creswell, OR, 97426 is a Commercial Property for sale at $375,000 with 4,370 sqft and a lot size of 0.11. 187 W OREGON AVE was built in 1920. The property's zip code is 97426 which is in Creswell, OR

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