115 NE Locust St Oakland, OR 97462
- Turn key restaurants
- 2,520 SF
- 0.18 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 115 NE Locust St
- Year built
- 1890
- Lot size
- 0.18 lot acres
- Property size
- 2,520 SF
- Property type
- Turn key restaurants
- APN
- 25-05W-04CA-05600
- APU
- 2505W04CA05600
Description
This remarkable 5,764 square foot commercial property, situated on a 0.23-acre lot at 115 NE Locust St in Oakland, Oregon, presents a unique investment opportunity. Previously home to the beloved Tolly's Restaurant and Soda Fountain, this historic building boasts a flexible layout ideal for diverse commercial ventures. Imagine transforming this county landmark into your own thriving business. The possibilities are endless, from a restaurant or soda shoppe to an event venue, retail space, or a wine tasting room, perfectly positioned within the renowned Umpqua Valley wine region. The building's character is undeniable, with its charming brick exterior and inviting atmosphere. A significant advantage is the expansive, paved, gated courtyard featuring brick columns and wrought iron fencing. This outdoor space offers considerable potential for expanded seating, hosting events, or simply enhancing the overall ambiance. The central location ensures high visibility and accessibility, promising a strong foundation for success. This property is more than just a building
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Douglas
- State
- Oregon
- Longitude
- -123.299
- Latitude
- 43.4224
- CBSA code
- 40700
- CBSA name
- ROSEBURG, OR MICROPOLITAN STATISTICAL AREA
