728 Rice Ave Roseburg, OR 97470
- Retail space
- 1,935 SF
- 0.08 lot acres
Current Use by Public Records
- Howie Dewitt / Artist
- Celebration / Event Planner
Property Details for 728 Rice Ave
- Year built
- 1982
- Lot size
- 0.08 lot acres
- Property size
- 1,935 SF
- Property type
- Retail space
- APN
- 27-06W-24DD-13600
- APU
- 2706W24DD13600
Description
This exceptional 1,935 square foot commercial property, situated on a 0.08-acre lot at 728 SE Rice Ave in Roseburg, Oregon, presents a fantastic investment opportunity. Boasting a highly desirable location just off the bustling SE Stephens Street, directly across from the Senior Center, this property benefits from significant visibility and high traffic flow. The building has undergone extensive renovations, including a beautifully remodeled kitchen and showroom, perfect for a variety of commercial uses. An updated bathroom featuring a shower adds to the property's modern appeal. Recent improvements also include the installation of new ductless heating and cooling units, and fresh paint throughout, ensuring a move-in ready condition. Ample on-site parking is available for both employees and customers, adding to the property's convenience. Its strategic location provides easy access to essential city services, the vibrant downtown business district, and a variety of restaurants, making it an ideal location for a thriving business. The asking price is $275,000 and owner carry terms are available. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving Oregon community. Don't miss out!
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $155,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $145,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $175,000
- Retail
- $175,000
- Mixed-Use
- $130,000
- Hospitality
- $145,000
- Educational
- $155,000
- Residential Income
- $140,000
- Energy
- $160,000
- Income-Based Land
- $130,000
- Food Service
- $170,000
Location Insight
- Map
- Local Demand
- City
- Roseburg
- County
- Douglas
- State
- Oregon
- Longitude
- -123.352
- Latitude
- 43.201
- CBSA code
- 40700
- CBSA name
- ROSEBURG, OR MICROPOLITAN STATISTICAL AREA