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    1 Main St Winston, OR 97496

    Sponsored
    For Sale
    $1,500,000

    Prime Winston location, multi-income streams.

    Property size:
    21,031 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a multi-unit retail complex ideally situated in Winston, Oregon. The property encompasses 27 units spread across two buildings, totaling 21,031 net rentable square feet on a 2.3-acre lot. The complex comprises 11 RV spaces, 10 commercial spaces, and 6 residential apartments (two requiring completion). Built in 1948 and renovated in 2016, the property boasts a diverse income stream, offering significant potential for growth. The main building comprises 18,177 square feet, while the secondary building adds 2,854 square feet, according to the County Assessor. The property includes 53 parking spaces and is zoned CG. Six tax lots (R41609, R53015, R41633, R41617, R41625, and R51412) make up this centrally located property. The asking price is $1,500,000, translating to $71.32 per square foot. Potential buyers are advised to conduct their own due diligence regarding all aspects of the property, including square footage. Winston and nearby Dillard, Oregon, offer a unique blend of small-town charm and economic stability, fueled by Roseburg Forest Products and the popular Wildlife Safari. The South Umpqua River and nearby vineyards add to the area's appeal. This property presents a rare chance to acquire a substantial, multi-faceted income-generating asset in a thriving Oregon community.

    Property Features for 1 Main St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    21,031 SF
    Lot Size
    100,188 SF

    Building Details

    Year Built/Renovated
    1948/2016
    Buildings
    2
    Stories
    2
    Units
    27

    HighLights

    • $1,500,000 asking price for a 21,031 square foot retail property in Winston, Oregon.
    • Multi‑tenant property with 27 units across two buildings.
    • Property includes 11 RV spaces, 10 commercial spaces, and 6 residential apartments (2 unfinished).
    • Located on 2.3 acres with 53 parking spaces.
    • Features two buildings totaling 21,031 square feet, built in 1948 and renovated in 2016.
    Property Profile Location Intelligence

    Current Use by Public Records

    Old 99 Brewing ... Pub Junction RV Park Rv Park Loggers Pizza Pizza Restaurant Viva La Pooch Pet Groomer Safari Village Real ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winston
    County
    Douglas
    State
    Oregon
    Longitude
    -123.4125067
    Latitude
    43.1222431

    Nearby Comparable

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      Winston, OR Recreational Land

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      Entitled RV Development Site

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    Nearby Similar for Sale

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      Winston Manufactured Home with Potential

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    • $1,500,000
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      Winston Commercial Multi-Use Property

      Prime Winston location, multiple income streams.
      1 Main St, Winston, OR 97496
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    • $2,000,000
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      Prime Winston Commercial Property

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    • $479,000
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      Winston, OR Commercial Gem

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Winston location, multi-income streams.
    Where is this lifestyle center located?
    The property is located at 1 Main St Winston, OR.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for a 21,031 square foot retail property in Winston, Oregon.; Multi-tenant property with 27 units across two buildings.; Property includes 11 RV spaces, 10 commercial spaces, and 6 residential apartments (2 unfinished).
    Request Owner's contact information
    1 Main St Winston, OR 97496
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Main St Winston, OR 97496
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