187 W Oregon Ave Creswell, OR 97426

Building Details

Year Built

1920

Listing office United Real Estate Properties

Listing date May 19, 2026

Source Crexi

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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 Location Intelligence

FAQs

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.