1560 SE Stephens St - Freestanding FOR SALE


Roseburg, OR 97470
$350,000 USD
541-236-2662
1560 SE Stephens St, Roseburg, OR for Sale
$350,000 USD
Freestanding - FOR SALE
1/56
null | 7% Cap Rate

1560 SE Stephens St
Roseburg, OR 97470


HIGHLIGHTS

  • Positioned near Highway 99 and high-traffic Stephens Street, the property offers excellent visibility and accessibility in Roseburg's downtown area.
  • Constructed from concrete blocks, the building is designed for durability and easy upkeep, complemented by 12 off-street parking spaces.
  • The 3,555 sq ft area features an open layout with tall ceilings, a large roll-up door, an office, and two remodeled bathrooms.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C3

APN/PARCEL ID

R73601,R73608

ASK ABOUT THIS PROPERTY

Anthony BeckhamThe Beckham GroupMore Info
541-236-2662

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Anthony BeckhamThe Beckham GroupMore Info
541-236-2662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.