Two-Story Live-Work
For Sale
$186,200
311 N First St, Drain, OR 97435
Commercial building with residential use permitted on the upper level.
Property Size4,655 SF
Price / SF$40
Days on Market42
Property Features for 311 N First St
General Information
Standard status
Active
Size
4,655 SF
Property Condition
Severity
Repairs Needed
Evidence
diamond in the rough
Site & Location
Anchor Co-Tenants
Ray's Food Place
Highway Access
Yes
Road Access
Yes
Amenities
walk-out roof access
on-street parking
Building Details
Year Built
1935
Buildings
1
Stories
2
Listing Agency:
RE/MAX Integrity
(541) 673-3272
Listed By:
Kristine Ronk · License #201239325
Source:
Evokepropertypartners
Added: Jul 20
Changed: Aug 28
Last Checked: Aug 29 at 12:27PM
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 RE/MAX Integrity
Investment Insights
Based on property information with market context.
This two-story live-work property contains 4,655 square feet and was built in 1935. The layout includes substantial space on both levels, providing a flexible framework for commercial occupancy with residential use permitted upstairs. The property is suited to an owner-user seeking to combine business and living functions in one building.
The building fronts Highway OR-38/OR-99 at 311 N First St in Drain, Oregon, and is positioned next to Ray's Food Place. On-street parking serves the property. Recent improvements include a new roof with a 20-year warranty, while walk-out roof access adds an unusual exterior feature that may support additional use of the upper area, subject to applicable requirements.
The building fronts Highway OR-38/OR-99 at 311 N First St in Drain, Oregon, and is positioned next to Ray's Food Place. On-street parking serves the property. Recent improvements include a new roof with a 20-year warranty, while walk-out roof access adds an unusual exterior feature that may support additional use of the upper area, subject to applicable requirements.
Key Highlights
- 4,655‑square‑foot, two‑story building constructed in 1935
- Residential use permitted on the upper level
- Located along Highway OR‑38/OR‑99 in Drain, Oregon
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Commercial building with residential use permitted on the upper level.
Where is this live-work space located?
The property is located at 311 N First St Drain, OR.
What is the asking price?
The asking price for this property is $186,200.
What are key features of this property?
This property features: 4,655‑square‑foot, two‑story building constructed in 1935; Residential use permitted on the upper level; Located along Highway OR‑38/OR‑99 in Drain, Oregon
