Historic Mixed-Use Building with
For Sale
$1,295,000
622 SE JACKSON St, Roseburg, OR 97470
CommercialSale, Roseburg, OR
Property Size20,795 SF
Lot Size0.27 Acres
Price / SF$62.27
Days on Market958
Property Features for 622 SE JACKSON St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD
View
City, Valley
Directions
Stephens S, L on Douglas, R on Jackson
Subdivision
_253
Standard status
Active
APN
R70199
Size
20,795 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
ROSEBURG, BLOCK 38, LOT 3, ACRES 0.20
Tax Annual Amount
5820
Legal Description
ROSEBURG, BLOCK 38, LOT 3, ACRES 0.20
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
on-site parking
basement storage
Building Details
Year built
1910
Floors in Building
3
Building materials
Brick, PartialBasement
Roof type
Built-Up
Listing Agency:
Keller Williams Southern Oregon-Umpqua Valley · Keller Williams Realty
(541) 529-2320
Listed By:
Mary Gilbert · License #951100030
(541) 371-5500
Added: Mar 1, 2024
Changed: Oct 14
Last Checked: Oct 15 at 12:06PM
MLS# 24548624
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1910, this brick mixed-use property combines street-level commercial space with an upper floor configured for residential-style occupancy. The ground floor contains three leased storefront suites, including Draper's, Serendipity, and the Art Gallery. The upper level has been remodeled and currently supports seven residential-style units, including a medium-term rental suite adapted from a former banquet and event area. Shared kitchen and bathroom facilities serve multiple upper-level suites, while street-facing rooms offer office-conversion potential with natural light, high ceilings, and views toward downtown.
The property includes street-frontage parking, private rear parking spaces, and basement storage. It is located in Roseburg's designated CBD zoning district and within an Opportunity Zone. Additional physical features include a partial basement, forced-air heating, central air, and a built-up roof.
The property includes street-frontage parking, private rear parking spaces, and basement storage. It is located in Roseburg's designated CBD zoning district and within an Opportunity Zone. Additional physical features include a partial basement, forced-air heating, central air, and a built-up roof.
Key Highlights
- Three leased, street‑front commercial suites: Draper's, Serendipity, and the Art Gallery
- Seven residential‑style units on the upper level
- Remodeled second floor with a medium‑term rental suite and shared kitchen and bathroom facilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,094
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,001,880
$2.0M
Cap Rate 7%
$1,429,914
$1.4M
Cap Rate 9%
$1,112,156
$1.1M
Market Conditions
NOI Build-Up for 20,795 SF
Gross rent
$194.6K $9.36/SF
− Vacancy
−$12.7K −$0.61/SF
EGI
$182.0K $8.75/SF
− OpEx
−$81.9K −$3.94/SF
NOI
$100.1K $4.81/SF
Area
Douglas County, OR
Vacancy
6.50%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,001,880
Cap Rate 7%
$1,429,914
Cap Rate 9%
$1,112,156
Alternative Uses
Best Use
Retail
$3.54M
$3.10M – $4.13M
NOI $247,606 @ 7.0% cap · market cap 19.12%
Second Best
Mixed Use
$2.06M
$1.80M – $2.40M
NOI $144,265 @ 7.0% cap · market cap 11.14%
Theoretical Best
Specialty Retail
$3.60M
$3.15M – $4.20M
NOI $251,941 @ 7.0% cap · market cap 19.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,329
Businesses Nearby
Explore this area
Business Placement
Demographics for 97470, OR
20,160
Population
8,872
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
180.9 sq mi
ZIP Area
111
Density / Sq Mi
$53,875
Median Household Income
$32,461
Median Earnings
$1,037
Median Rent
$246,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick commercial property with leased storefronts, remodeled upper-level accommodations, basement storage, and on-site parking.
Where is this mixed-use property located?
The property is located at 622 SE JACKSON St Roseburg, OR.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Three leased, street‑front commercial suites: Draper's, Serendipity, and the Art Gallery; Seven residential‑style units on the upper level; Remodeled second floor with a medium‑term rental suite and shared kitchen and bathroom facilities
