Property profile

728 Rice Ave Roseburg, OR 97470

OFF-MARKET
Retail space
Property ID
US71-0897438
1,935 SF 0.08 ac lot Built 1982
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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!

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1982
Total area 1,935 SF
Lot 0.08 ac (3,485 SF)
APN 27-06W-24DD-13600
UPID US71-0897438

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Artist
  • Event Planning Wedding Service

Location

728 Rice Ave Roseburg, OR 97470-4050
Roseburg metro Census 130001 ROSEBURG, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2022
Last sale
$175,000
3 recorded transactions
2022
$175,000
2021
$105,000
2015
$65,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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