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Retail space
OR
Roseburg
97470
1560 Stephens St

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FOR SALE

Retail space

1560 Stephens St Roseburg, OR 97470-4030

1,800 SF 0.09 ac lot Built 1978

Entity Owned 7-yr Hold ~ Est. High Equity

Property ID

US71-1812285

$350,000 1,800 SF

1560 Stephens St, Roseburg, OR 97470-4030
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This exceptional 3,555 square foot commercial property in Roseburg, Oregon, presents a compelling investment opportunity. Currently operating as a dance studio with long-term tenants, the building offers a stable income stream. Situated on a 0.18-acre lot at 1560 SE Stephens Street, the property benefits from its prime location just off Highway 99, ensuring high visibility and accessibility. The concrete block construction minimizes maintenance, while the 12 off-street parking spaces cater to tenant and customer needs. Inside, the spacious layout features tall ceilings, multiple open areas, a large roll-up door, a remodeled office area, and two remodeled bathrooms. The current lease agreement commands $2,200 per month and includes a yearly inflation clause, allowing for rent increases up to 10% annually, providing a hedge against inflation. Its proximity to Interstate 5 further enhances its appeal, guaranteeing consistent high traffic counts. This versatile space is ideal for a variety of commercial uses, making it a sound investment for the discerning buyer seeking a stable, high-return property in a thriving downtown location. The property's combination of strong tenancy, convenient location, and low-maintenance construction makes it a truly attractive investment prospect.