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    Historical Oakland Commercial Building Title is generated by Realmo AI

    110 SE LOCUST ST, Oakland, OR 97462

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    For Sale
    $349,900

    Commercial building with storefront and studio apartment in Oakland, Oregon.

    Type:Commercial/Industrial
    Property size:
    2,560 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $136/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Feb 10 at 4:14 pm

    Property Features for 110 SE LOCUST ST

    General Information

    Standard status
    Active
    Size
    2,560 SF
    Lot size
    0.07 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1899

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    Anthony Beckham

    Listing office Different Better Real Estate

    Listing date Mar 11, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Different Better Real Estate

    HighLights

    • Two income streams from storefront and studio apartment
    • Versatile storefront suitable for bar, restaurant, or retail conversion
    • Includes two separate tax lots, allowing for expansion or outdoor space
    • Newer industrial furnace and cold storage in the storefront
    • Historical significance with original hardwood floors and negotiable bartop
    • Owner carry terms available

    Overview

    This historical commercial building in Oakland, Oregon, presents an investment opportunity with income streams from a storefront and a studio apartment. The storefront, currently operating as an antique store, features cold storage, a newer industrial furnace, and original hardwood floors. A historical bartop is available and can be negotiated in the sale. The property is suited for conversion into a bar, restaurant, or other retail spaces. The property includes two separate tax lots. The land behind the building is currently utilized by the store, presenting possibilities for an outdoor seating area, additional commercial space, or an extension of the studio apartment. The building combines historical significance with modern amenities and potential for growth and profitability. The property size is 2560 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.1k $18.00
    − Vacancy −$2.5k −$0.99
    EGI $43.5k $17.01
    − OpEx −$13.1k −$5.10
    NOI $30.5k $11.91
    2,560 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $435.5K
    $381.0K – $508.0K (±1% cap)
    NOI $30,482 @ 7.0% cap · market cap 8.71%
    Second Best
    Apartment 5plus
    $176.0K
    $154.0K – $205.4K (±1% cap)
    NOI $12,322 @ 7.0% cap · market cap 3.52%
    Theoretical Best
    Specialty Retail
    $443.1K
    $387.7K – $516.9K (±1% cap)
    NOI $31,016 @ 7.0% cap · market cap 8.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Olde Town Antiques Home Decor Store

    Suggested Use

    Building Supply Hotel & Motel Department Store Storage Facility Food Market Grocery & Convenience Store Discount Store Car Rental Facility Bed & Breakfast Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Douglas
    State
    Oregon
    Longitude
    -123.2988328
    Latitude
    43.4217073

    FAQs

    What type of property is this?
    Storefront property - Commercial building with storefront and studio apartment in Oakland, Oregon.
    Where is this storefront property located?
    The property is located at 110 SE LOCUST ST Oakland, OR.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Two income streams from storefront and studio apartment; Versatile storefront suitable for bar, restaurant, or retail conversion; Includes two separate tax lots, allowing for expansion or outdoor space
    More about this property
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