116 SE Locust St Oakland, OR 97462
- Retail space
- 1,830 SF
- 0.05 lot acres
Current Use by Public Records
- Retail space
Property Details for 116 SE Locust St
- Year built
- 1900
- Lot size
- 0.05 lot acres
- Property size
- 1,830 SF
- Property type
- Retail space
- APN
- 25-05W-04CA-06900
- APU
- 2505W04CA06900
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Douglas
- State
- Oregon
- Longitude
- -123.299
- Latitude
- 43.4217
- CBSA code
- 40700
- CBSA name
- ROSEBURG, OR MICROPOLITAN STATISTICAL AREA