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    Drain, OR
    Live - Work Space

    Drain, OR Live-work Space for Sale

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    Yoncalla, OR Cottage Grove, OR Oakland, OR Lorane, OR Elkton, OR Eugene, OR Sutherlin, OR Veneta, OR
    Two-Story Live-Work Building
    Updated: Oct 20, 2025
    Two-Story Live-Work Building

    311 N FIRST St, Drain, OR 97435

    $186,200
    4,655 sqft 0.06 AC lot
    4,655‑square‑foot, two‑story building on a 0.06‑acre lot
    COMM zoning permits residential use on the upper level
    Located along Highway OR‑38/OR‑99 beside Ray's Food Place
    Recently installed roof backed by a 20‑year warranty
    Walk‑out roof access provides an additional exterior area
    View details
    Two-Story Live-Work Space
    Updated: Jul 20
    Two-Story Live-Work Space

    311 N First St, Drain, OR 97435

    $186,200
    4,655 sqft
    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
    New roof backed by a 20‑year warranty
    Walk‑out roof access
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Drain, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Office Building with Apartment
    Freestanding Office Building with Apartment

    260 W 12th Ave, Eugene, OR 97401

    $1,395,000
    5,293 sqft

    Freestanding office building with 12 off-street parking spaces and an attached 2nd-floor apartment.

    View details
    Craftsman Mixed-Use Property
    Craftsman Mixed-Use Property

    1492 Pearl St, Eugene, OR 97401

    $539,000
    2,084 sqft

    C2 zoning supports commercial and live-work uses, with an upstairs renovated apartment and two lower-level commercial areas.

    View details
    Corner Auto Shop
    Corner Auto Shop

    86065 TERRITORIAL Hwy, Veneta, OR 97487

    $199,000
    2,800 sqft

    The building includes dual RC/RR2 zoning, a bathroom, and a separate office or storage room.

    View details
    Corner Auto Shop Building
    Corner Auto Shop Building

    86065 Territorial Hwy, Veneta, OR 97487

    $249,000
    2,800 sqft

    Former automotive service property with a bathroom, separate office or storage room, and dual RC/RR2 zoning.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land with Well
    Industrial Land with Well

    Vaughn Rd, Veneta, OR 97487

    $349,900
    4.56 AC lot

    RI-zoned parcel with an approved septic system and available power connections.

    View details

    Drain, OR Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Drain, OR on our real estate platform. These investment opportunities span a total of 9,310 square feet of properties for sale, with an estimated market value of $372,400.

    Sale prices for live-work properties in Drain, OR average $186,200 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,383
    Population Growth (5Y) +11.5%
    Median Household Income $54,679
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Drain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97435 $186.2K

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $13.02 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Douglas County

    New Delisted

    Total CRE Inventory on Market (SF)

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