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Cannabis Dispensary Property
For Sale
$250,000
Pending

48257 E 1st Street, Oakridge, OR 97463

Commercial Sale, Oakridge, OR

Property Size3,279 SF
Lot Size0.11 Acres
Days on Market229

Property Features for 48257 E 1st Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C2-Central Business Dist
Parking features On Street, Parking Lot
Lot features Corner Lot
Directions From Hwy 58, turn onto E 1st St. Property is on the corner of E 1st St and Alder St
Standard status Pending
APN 0951598
Size 3,279 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5392

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1947
Floors in Building 1
Number of units 1
Flooring type Tile
Roof type Membrane
Listing Agency: Keller Williams Realty Southern Oregon
Listed By: Erik Von Eggers
Added: Mar 10 Changed: Oct 22 Last Checked: Oct 24 at 3:06PM
MLS# 220216769

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,279-square-foot commercial property occupies a 0.11-acre site at 48257 E 1st Street in Oakridge. Constructed in 1947 as a bank, the building retains built-in security features and has an unfinished interior suited to a new buildout. An active OLCC retail license is associated with the location, although the business is not currently operating.

The property can be acquired with the license, purchased separately for another retail use, or paired with a lease arrangement for the site. Existing improvements include tile flooring, ductless heating, central air conditioning, a membrane roof, public water, and public sewer. Parking is available in an on-site lot and along the street.

Key Highlights

  • 3,279‑square‑foot commercial building on a 0.11‑acre site
  • Active OLCC retail license at the location; business is not currently operating
  • Former bank construction from 1947 with built‑in security features

Property Analytics

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Current Use

Sterling Savings Bank Bank La Mota - Oakridge (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Parts Store HVAC Service Building Supply

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

142
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
Ray's Food Place Groceries
8,335 visits/mo 0.4 miles

Demographics for 97463, OR

3,886
Population
1,775
Households
2.2
Avg Household Size
50
Median Age
18%
College-Educated
84%
High-School Grad
48.7 sq mi
ZIP Area
80
Density / Sq Mi
$36,885
Median Household Income
$19,934
Median Earnings
$918
Median Rent
$241,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Cannabis property - Former bank building offering an unfinished interior, security infrastructure, and flexibility for retail redevelopment.
Where is this cannabis property located?
The property is located at 48257 E 1st Street Oakridge, OR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3,279‑square‑foot commercial building on a 0.11‑acre site; Active OLCC retail license at the location; business is not currently operating; Former bank construction from 1947 with built‑in security features
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