622 Southeast Jackson St Roseburg, OR 97470

The Kohlhagen Building, located at 622 SE Jackson St in Roseburg, Oregon, presents a unique investment opportunity. This 20,795 square foot commercial property sits on a 0.27-acre lot and is currently listed at $1,295,000. The building features three fully occupied street-level commercial suites, currently housing a bar/lounge and an art gallery, creating a vibrant and diverse tenant mix. The second floor has been meticulously remodeled and offers a versatile space with high ceilings, oversized insulated windows, a full kitchen, and a large banquet room. This area is suitable for a variety of uses, including extended-stay lodging, office space, or event hosting. Convenient street-front parking is available for patrons, with additional private parking located behind the building. Basement storage is also included. The property's location within an Opportunity Zone offers potential tax advantages and incentives. This exceptional property is ideal for investors seeking a strong return in a thriving downtown area. The combination of established businesses on the ground floor and the adaptable second-floor space provides a unique opportunity for both immediate income and future development. The building's blend of commercial and potential residential uses makes it a highly attractive investment.