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    OFF-MARKET
    Banks

    619 Main St, Roseburg, OR 97470-4932

    10,491 SF 0.57 ac lot Built 1960
    Entity Owned Free & Clear
    Property ID
    US71-0325412
    Property summary
    AI-generated overview

    This exceptional commercial property at 619 SE Main St, Roseburg, Oregon, presents a unique redevelopment or owner-occupancy opportunity. The 17,157 square foot building, situated on a 0.57-acre lot, boasts a prime downtown location and is exceptionally well-constructed. The main floor offers a bright, open plan layout featuring large windows, high ceilings, several private offices, a conference room, restrooms, a secure vault, and a sizable open workspace. A full, unfinished basement provides ample storage and houses all mechanical utilities. Upstairs, employees will appreciate the comfortable lounge, full kitchen, two large restrooms, and a sunny deck. The exterior is robust and well-maintained, complemented by a spacious parking lot and mature landscaping. This substantial offering also includes an adjacent property at 640 SE Kane Ave, encompassing a separate drive-through, parking lot, and a small building with a bathroom and heat pump. This additional structure has its own independent water, sewer, and power utilities. The combined properties represent a rare opportunity to acquire a well-built, versatile commercial space at an attractive price. The existing infrastructure and substantial lot size make this an ideal location for business expansion or relocation. The asking price of $650,000 reflects a significant value proposition, considering the building's quality, size, and prime downtown location.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1960
    Total area 10,491 SF
    Lot 0.57 ac (24,829 SF)
    APN 27-05W-19BC-09600
    UPID US71-0325412
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • U.S. Bank-Mortgage Loan Officer-Becky B Gerrard Loan Service Bank
    • U.S. Bank Branch Bank Loan Service
    • US Bank Mortgage Loan Service Bank
    • U.S. Bank ATM Atm
    • USAA Atm
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    US NATIONAL BANK PORTLAND
    US NATIONAL BANK PORTLAND
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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