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    Drain, OR

    Drain, OR Commercial Real Estate for Sale

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    Yoncalla, OR Cottage Grove, OR Oakland, OR Lorane, OR Elkton, OR Eugene, OR Sutherlin, OR Umpqua, OR
    Single-Level Warehouse Building
    Updated: Apr 13
    Single-Level Warehouse Building

    308 N FIRST St, Drain, OR 97435

    $695,000
    7,500 sqft 0.62 AC lot
    7,500 square feet of usable space
    0.62‑acre commercial parcel
    C1 zoning
    Single‑level building with block construction
    Located on Hwy 99 at 308 N First St, Drain, OR 97435
    View details
    Two-Story Live-Work Building
    Updated: Oct 20, 2025
    Two-Story Live-Work Building

    311 N FIRST St, Drain, OR 97435

    $186,200
    4,655 sqft 0.06 AC lot
    4,655‑square‑foot, two‑story building on a 0.06‑acre lot
    COMM zoning permits residential use on the upper level
    Located along Highway OR‑38/OR‑99 beside Ray's Food Place
    Recently installed roof backed by a 20‑year warranty
    Walk‑out roof access provides an additional exterior area
    View details
    Single-Level Flex Space
    Single-Level Flex Space

    308 N First St, Drain, OR 97435

    $695,000
    7,500 sqft

    Single-level commercial space suited to retail or warehouse use, with paved on-site parking and additional street parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Story Live-Work Space
    Two-Story Live-Work Space

    311 N First St, Drain, OR 97435

    $186,200
    4,655 sqft

    Commercial building with residential use permitted on the upper level.

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    Corner Lot Former Bank Building
    Corner Lot Former Bank Building

    229 N First St, Drain, OR 97435

    $182,000
    3,490 sqft

    Office/retail opportunity with parking and drive-up window in Drain.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Drain, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    24-Room Hotel Redevelopment Property
    24-Room Hotel Redevelopment Property

    455 Bear Creek Rd, Cottage Grove, OR 97424

    $250,000
    7,136 sqft

    Hotel asset requiring renovation, offered for sale with drive-by access only.

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    24-Room Hotel Requiring Renovation
    24-Room Hotel Requiring Renovation

    Cottage Grove, OR 97424

    $250,000
    7,136 sqft 0.49 AC lot

    Highway-adjacent lodging property requiring repairs, system updates, and interior renovation.

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    Dollar General NNN Property
    Dollar General NNN Property

    2800 Eagle Valley Road, Yoncalla, OR 97499

    $2,825,677

    Completed in 2024 as a build-to-suit facility with scheduled lease escalations.

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    Land in Welcoming Community
    Land in Welcoming Community

    173 Main St, Yoncalla, OR 97499

    $85,000
    0.19 AC lot

    0.19 acre lot in Yoncalla, Oregon, ready for development.

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    Off-Market Properties in Drain, OR

    Consider similar Off-Market properties in Drain, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    530 Ln Ave
    INDUSTRIAL (GENERAL)

    530 Ln Ave, Drain, OR 97435-0329

    Estimated value:
    $485,000
    24,000 sqft 2.56 AC lot
    View details
    438 Cedar St
    CONVENIENCE STORE

    438 Cedar St, Drain, OR 97435-0058

    Estimated value:
    $100,000
    3,659 sqft 0.27 AC lot
    View details
    207 2nd St, Unit 1
    RETAIL STORES (PERSONAL SERVICES)

    207 2nd St, Drain, OR 97435-0199

    Unit 1
    Estimated value:
    $70,000
    456 sqft 0.08 AC lot
    View details
    107 B Ave
    COMMERCIAL (GENERAL)

    107 B Ave, Drain, OR 97435-0309

    Estimated value:
    $100,000
    1,344 sqft 0.23 AC lot
    View details
    600 Applegate Ave
    INDUSTRIAL (GENERAL)

    600 Applegate Ave, Drain, OR 97435-0035

    Estimated value: by Request
    924 sqft 0.29 AC lot
    View details
    Payton Ave
    INDUSTRIAL (GENERAL)

    Payton Ave, Drain, OR 97435

    Estimated value:
    $1,380,000
    0.21 AC lot
    View details
    Payton Ave
    INDUSTRIAL (GENERAL)

    Payton Ave, Drain, OR 97435

    Estimated value:
    $1,380,000
    0.10 AC lot
    View details
    Elder St
    INDUSTRIAL (GENERAL)

    Elder St, Drain, OR 97435

    Estimated value:
    $1,380,000
    0.34 AC lot
    View details
    Elder St
    INDUSTRIAL (GENERAL)

    Elder St, Drain, OR 97435

    Estimated value:
    $1,380,000
    0.69 AC lot
    View details
    Cedar St
    INDUSTRIAL (GENERAL)

    Cedar St, Drain, OR 97435

    Estimated value:
    $1,380,000
    0.69 AC lot
    View details
    Cedar St
    INDUSTRIAL (GENERAL)

    Cedar St, Drain, OR 97435

    Estimated value:
    $1,380,000
    0.34 AC lot
    View details
    556 Applegate Ave
    INDUSTRIAL (GENERAL)

    556 Applegate Ave, Drain, OR 97435-0035

    Estimated value: by Request
    4,968 sqft 0.94 AC lot
    View details
    Applegate Ave
    INDUSTRIAL (GENERAL)

    Applegate Ave, Drain, OR 97435

    Estimated value: by Request
    624 sqft 0.29 AC lot
    View details
    566 Applegate Ave
    INDUSTRIAL (GENERAL)

    566 Applegate Ave, Drain, OR 97435-0035

    Estimated value:
    $470,000
    624 sqft 1.25 AC lot
    View details
    Applegate Ave
    INDUSTRIAL (GENERAL)

    Applegate Ave, Drain, OR 97435

    Estimated value:
    $1,380,000
    0.37 AC lot
    View details
    122 C Ave
    OFFICE BUILDING

    122 C Ave, Drain, OR 97435-0050

    Estimated value:
    $60,000
    646 sqft 0.02 AC lot
    View details
    Applegate Ave
    INDUSTRIAL (GENERAL)

    Applegate Ave, Drain, OR 97435

    Estimated value: by Request
    2,928 sqft 1.36 AC lot
    View details
    208 B Ave, Unit 1
    OFFICE BUILDING

    208 B Ave, Drain, OR 97435-0310

    Unit 1
    Estimated value:
    $115,000
    1,008 sqft 0.15 AC lot
    View details
    434 Cedar St
    RETAIL STORES (PERSONAL SERVICES)

    434 Cedar St, Drain, OR 97435-0058

    Estimated value:
    $45,000
    798 sqft 0.03 AC lot
    View details

    Drain, OR Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Drain, OR, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 27,800 square feet of properties for sale, with an estimated market value of $1,944,400.

    Sale prices for business properties in Drain, OR start at $182,000, averaging $388,880, and reaching up to $695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Drain, OR CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    Demographics Overview

    Population 2,383
    Population Growth (5Y) +11.5%
    Median Household Income $54,679
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Drain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97435 $388.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $13.02 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Douglas County

    New Delisted

    Total CRE Inventory on Market (SF)

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