Historic Creswell Multi-Use
For Sale
Contact for pricing
187 W Oregon Ave, Creswell, OR 97426
Versatile property with income and development potential in Creswell's downtown.
Property Size4,350 SF
Price / SF$86.21
Days on Market100
Property Features for 187 W Oregon Ave
General Information
Standard status
Active
Size
4,350 SF
Property subtype
Retail, Industrial, Mixed Use
Zoning
Downtown Commercial
Investment Type
Value Add
Building Details
Year Built
1920
Stories
2
Tenancy
Multi
Listing Agency:
United Real Estate Properties
Listed By:
Rob Olsen · License #OR 2012180625
Source:
Crexi
Added: May 19
Changed: Aug 15
Last Checked: Aug 25 at 12:37PM
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 United Real Estate Properties
Investment Insights
Based on property information with market context.
This 4,350 sq. ft. multi-use property is located in historic downtown Creswell. It offers an investment opportunity with income from an occupied 3-bedroom, 1-bath apartment. The property also includes approximately 2,640 sq. ft. of shell space. The property is zoned for downtown commercial use and has the potential for conversion to residential use per city guidelines. The building, formerly the Historic Creswell Theater, combines character with flexibility in a prime location. The apartment is currently rented for $1895 a month. According to the city of Creswell this building can be converted to multi family residential. The property features a newer roof and is suited for investors or owner operators looking to capitalize on Creswell’s charm and growth.
Key Highlights
- Versatile 4,350 sq. ft. multi‑use property.
- Solid income from occupied 3‑bedroom apartment ($1895/month).
- 2,640 sq. ft. of shell space ready for development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 97426, OR
10,521
Population
4,050
Households
2.6
Avg Household Size
43
Median Age
27%
College-Educated
94%
High-School Grad
75.0 sq mi
ZIP Area
140
Density / Sq Mi
$87,533
Median Household Income
$44,995
Median Earnings
$1,293
Median Rent
$435,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile property with income and development potential in Creswell's downtown.
Where is this mixed-use property located?
The property is located at 187 W Oregon Ave Creswell, OR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Versatile 4,350 sq. ft. multi‑use property.; Solid income from occupied 3‑bedroom apartment ($1895/month).; 2,640 sq. ft. of shell space ready for development.
