1560 Stephens St Roseburg, OR 97470-4030

Property Details for 1560 Stephens St

Year built

1978

Lot size

0.09 lot acres

Property size

1,800 SF

Property type

Retail space

APN

27-06W-24DC-04600

APU

2706W24DC04600

Description

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.