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Brick Restaurant Building with Courtyard
For Sale
$599,000

115 NE LOCUST St, Oakland, OR 97462

CommercialSale, Oakland, OR

Property Size5,764 SF
Lot Size0.23 Acres
Price / SF$103.92
Days on Market862

Property Features for 115 NE LOCUST St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Directions I-5 to Oakland Exit 138/Stearns to Railroad tracks/ L on SE First to Locust
Subdivision _256
Standard status Active
APN R32275
Size 5,764 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description OAKLAND R R ADD, BLOCK 14, LOT W1/2 3 & 4 PTS 1 & 2, ACRES 0.18
Tax Annual Amount 3938
Legal Description OAKLAND R R ADD, BLOCK 14, LOT W1/2 3 & 4 PTS 1 & 2, ACRES 0.18

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

courtyard

Building Details

Year built 1890
Floors in Building 2
Building materials Brick
Roof type Built-Up
Listing Agency: RE/MAX Integrity · RE/MAX International
Listed By: Jennifer Kramer · License #930800223
Added: Apr 17, 2024 Changed: Aug 25 Last Checked: Aug 26 at 2:06AM
MLS# 24108254

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1890, this 5,764-square-foot brick commercial building in Oakland offers a flexible setting for hospitality, retail, events, or wine-focused uses. The property carries county landmark status and includes a central interior layout that can accommodate a range of commercial concepts. Forced-air heating, central air, and a built-up roof are among the existing building systems.

A gated, paved courtyard extends the usable property area and is framed by brick columns and wrought-iron fencing. The outdoor space can support additional seating or event functions. Located in Oakland within Douglas County and the Umpqua Valley wine region, the property combines historic construction with adaptable commercial space. The parcel encompasses 0.23 acres and is zoned C.

Key Highlights

  • 5,764‑square‑foot brick commercial building constructed in 1890
  • County landmark property in Oakland, OR
  • 0.23‑acre parcel zoned C

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Butcher Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97462, OR

4,130
Population
1,797
Households
2.3
Avg Household Size
52
Median Age
26%
College-Educated
94%
High-School Grad
219.7 sq mi
ZIP Area
19
Density / Sq Mi
$65,032
Median Household Income
$38,338
Median Earnings
$1,205
Median Rent
$377,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic commercial property with a flexible interior, gated outdoor courtyard, and potential for restaurant or retail use.
Where is this conventional restaurant located?
The property is located at 115 NE LOCUST St Oakland, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5,764‑square‑foot brick commercial building constructed in 1890; County landmark property in Oakland, OR; 0.23‑acre parcel zoned C
More about this property
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