Individually Owned 
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Property summary
This exceptional commercial property, located at 116 SE Locust Street in the heart of historic downtown Oakland, Oregon, presents a unique investment opportunity. Spanning 1,830 square feet on a 0.05-acre lot, this building boasts two distinct storefronts ideally situated on a main thoroughfare. One storefront features a fully equipped kitchen area, complete with ample counter space, two bathrooms, a dedicated dishwashing area, and convenient storage. This space is perfect for a restaurant,… cafe, or similar food service establishment. The second storefront offers a large, open floor plan, providing endless possibilities for customization and adaptation to a wide range of businesses. Its high ceilings, expansive windows, and exposed brick walls create a captivating atmosphere, brimming with character and charm. The property's prime location within the vibrant downtown area ensures high visibility and accessibility for customers. The asking price for this remarkable property is $350,000. This is a rare chance to own a piece of Oakland's rich history and establish a thriving business in a thriving community. Don't miss this opportunity to own a piece of Oakland's history and create your own success story. The property's unique features and prime location make it an exceptional investment opportunity.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,830 SF
- Lot area
- 0.05 ac
- Year built
- 1900
- Stories
- 1
- APN
- 25-05W-04CA-06900
- Assessed value · 2023
- $89,071
- Annual tax · 2023
- $1,267
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $1,267
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Oakland market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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