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Retail Building with 12-Foot Ceilings
For Sale
Contact for pricing
Pending

301 N First St, Drain, OR 97435

Retail building features open-beamed 12-ft ceilings, a new soda fountain and diner counter, plus additional upstairs space.

Property SizeContact for details
Days on Market123

Property Features for 301 N First St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Highway Access Yes
Clear Height 12 ft
Listing Agency: Oregon Life Homes
Listed By: Shane Mast · License #OR 201204048
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 8:14AM

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 Oregon Life Homes

Investment Insights

Based on property information with market context.

This commercial property offers more than 3,500 sq ft of retail space with open-beamed 12-foot ceilings downstairs. The interior includes a new soda fountain and diner counter, with a current configuration operating as an antique store that also has an ice cream and soda fountain setup. Upstairs has 12-foot ceilings as well, with much of the work already completed to convert the area into living quarters, while other sections are currently used for storage. Improvements include a new roof and plumbing for the upstairs area.

The building is positioned on high-traffic Highway 38 at 301 N First St in Drain, Oregon. The property is also noted as being part of downtown Drain’s revitalization, with three new shops open next door.

With the existing downstairs retail use and the partially completed upstairs buildout, the property presents multiple layout options depending on how you want to use the lower level and finish the upstairs space.

Key Highlights

  • Over 3,500 SF commercial retail building on high‑traffic Highway 38
  • Open‑beamed 12‑ft ceilings on the main level
  • New soda fountain and diner counter in place

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Building Supply Auto Parts Store Storage Facility Butcher Big Box & Wholesale 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.

Lease Details

12 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 77% Groceries 23%
Chevron Shops & Services
7,956 visits/mo 0.2 miles
Ray's Food Place Groceries
5,063 visits/mo 0.1 miles
Dollar General Shops & Services
4,981 visits/mo 0.2 miles
U.S. Bank Shops & Services
2,452 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
1,107 visits/mo 0.1 miles

Demographics for 97435, OR

2,326
Population
1,108
Households
2.1
Avg Household Size
47
Median Age
16%
College-Educated
87%
High-School Grad
99.0 sq mi
ZIP Area
23
Density / Sq Mi
$54,679
Median Household Income
$34,788
Median Earnings
$978
Median Rent
$270,800
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building features open-beamed 12-ft ceilings, a new soda fountain and diner counter, plus additional upstairs space.
Where is this retail space located?
The property is located at 301 N First St Drain, OR.
What are key features of this property?
This property features: Over 3,500 SF commercial retail building on high‑traffic Highway 38; Open‑beamed 12‑ft ceilings on the main level; New soda fountain and diner counter in place
(203) 772-8520 Call to check price and availability
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