1560 SE STEPHENS ST, Roseburg, OR 97470 | MLS #24234504 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Different Better Real EstateMLS# 24234504MLS Provider
  • 745 days on site
  • 265 views

This 3555 sq ft flex space, currently operating as a dance studio with long-term tenants in place, offers an excellent investment opportunity in Roseburg's bustling downtown area. Positioned just off the busy Highway 99, which transitions onto high-traffic Stephens Street, this property boasts excellent visibility and accessibility. Featuring 12 off-street parking spaces, the concrete block building was built with low-maintenance in mind, ensuring durability and easy upkeep. The main space is expansive and open, with tall ceilings and multiple open areas, making it suitable for various uses. Additionally, the property includes a large roll-up door, an office area, and two bathrooms, all with recent remodeling. Located just minutes away from I-5, this commercial building benefits from a high traffic count and prime location. The current lease, set at $2,200 per month, includes a yearly inflation clause with scheduled rent increases of up to 10%. Secure a solid long-term investment with this prime piece of commercial real estate on one of Roseburg's main corridors into town.

Source: Regional MLS, MLS#: 24234504

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  • Property Type
    Commercial Sale
  • Lot
    0.18 acres

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  • Median Age
    45
  • Population Density
    107
  • College Educated
    31%
  • Estimated Median Income
    $46,032
  • Estimated Total Home Owners
    5,644
  • Estimated Total Renters
    2,945
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    2
  • Total Population
    18,659
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/14/2024Source: Regional MLS Added to Database
June 14, 2024