Individually Owned 
For Sale
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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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
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.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
