Downtown Mixed-Use Investment
622 Southeast Jackson Street Roseburg, OR 97470
For Sale
Contact for pricing
Historic mixed-use building with fully leased street-front retail suites and remodeled income-producing upper-level space.
Property Size20,795 SF
Price / SF$62.27
Days on Market24
Property Features for 622 Southeast Jackson Street
General Information
- Standard status
- Active
- Size
- 20,795 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1910
Listing Agency:
Keller Williams Southern Oregon Umpqua Valley
(541) 529-2320
Listed By:
Mary Gilbert · License #OR 951100030
Source:
Crexi
Added: Jul 1
Changed: Jul 23
Last Checked: Jul 23 at 4:15PM
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 Keller Williams Southern Oregon Umpqua Valley
Investment Insights
Based on property information with market context.
A historic mixed-use building combining street-front commercial space with extensively remodeled upper-level units. The ground floor includes three fully leased, street-front commercial suites: Draper’s, Serendipity, and the Art Gallery. The second story has been remodeled and repositioned for income-producing use, adapting a former banquet and event space into a medium-term rental/Airbnb-style suite, with additional suites on the upper level that share kitchen and bathroom facilities.
The building is located downtown at 622 Southeast Jackson Street in Roseburg. On-site parking is available, including street-front and private rear spaces, and the property also includes basement storage to support day-to-day operations.
The upper level currently supports seven residential-style units, offering flexibility for continued short-term/medium-term rental operations or alternative use such as office conversion or a hybrid live/work model. The property is identified as being within a designated Opportunity Zone.
The building is located downtown at 622 Southeast Jackson Street in Roseburg. On-site parking is available, including street-front and private rear spaces, and the property also includes basement storage to support day-to-day operations.
The upper level currently supports seven residential-style units, offering flexibility for continued short-term/medium-term rental operations or alternative use such as office conversion or a hybrid live/work model. The property is identified as being within a designated Opportunity Zone.
Key Highlights
- Historic Kohlhagen Building built in 1910 featuring mixed‑use income on multiple levels
- Ground floor has 3 fully leased, street‑front commercial suites: Draper’s, Serendipity, and the Art Gallery
- Second story extensively remodeled into an income‑producing medium‑term rental / Airbnb‑style suite converted from former banquet/event space
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.6k | $9.36 |
| − Vacancy | −$12.7k | −$0.61 |
| EGI | $182.0k | $8.75 |
| − OpEx | −$81.9k | −$3.94 |
| NOI | $100.1k | $4.81 |
20,795 SF · lease $9.36/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Retail
$3.54M
$3.10M – $4.13M
NOI $247,606 @ 7.0% cap · market cap 19.12%
Second Best
Office B
$2.57M
$2.25M – $3.00M
NOI $179,716 @ 7.0% cap · market cap 13.88%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gallery Northwest
Community Center
FAQs
What type of property is this?
Mixed-use property - Historic mixed-use building with fully leased street-front retail suites and remodeled income-producing upper-level space.
Where is this mixed-use property located?
The property is located at 622 Southeast Jackson Street 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: Historic Kohlhagen Building built in 1910 featuring mixed‑use income on multiple levels; Ground floor has 3 fully leased, street‑front commercial suites: Draper’s, Serendipity, and the Art Gallery; Second story extensively remodeled into an income‑producing medium‑term rental / Airbnb‑style suite converted from former banquet/event space
