517 N First St
Drain, OR 97435
- – beds
- – baths
- – sqft
- 15,681 sqft lot
- – on site
Great investment opportunity 4 lots of commercial property totaling .36 acres in a great location as you pull into the city. Investor friendly. Waiting to be fully developed. Overlooking the City of Drain "Gateway to the Pacific Ocean" Lot # R20915, R20923, R20907, R20939 Rezoning may be possible. According to the City of Drain planners office it may be built up to a height of 50 ft (approximately 4 stories) a special permit may be issued to allow the owner of a business to live onsite as well. According to the city administrator , the City does have funding for business loans to expand Drain's commercial and economic growth. The city is looking for new investors to help shape the City's future Jennie the city administrator can be reached at 541-836-2417 if you have further questions.
Last checked:
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Checking…
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Last updated Sep 27, 2024
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MLS# 24239926 —
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
Location
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Directions:Corner of N 1st St and W E St
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Latitude:43.66529
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Longitude:-123.31521
The Property
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Parcel Number:R20915
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Parcel Number 2:R20923
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Parcel Number 3:R20907
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Property Type:Land
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Property Subtype:MixedUse
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Land Description:GentleSloping
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# of Lots:4
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Lot Features:CornerLot, PublicRoad
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Lot Size Range:SqFt15000to19999
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Lot Size Acres:0.36
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Lot Size SqFt:15681.0
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Zoning:C
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Current Use:Commercial
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View:true
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View Description:City
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Existing Structures:true
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Property Attached:false
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Road Frontage:true
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (702) 787-4385
- Office phone:
- (503) 523-0997
Taxes
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Tax Year:2023
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Tax Legal Description:DRAIN, BLOCK 2, LOT PT 3, ACRES 0.08
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Tax Annual Amount:831.68
Heating & Cooling
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Heating:false
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Cooling:false
Utilities
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Utilities:ElectricityAvailable,PublicSewer,WaterAvailable
Schools
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Elementary School:North Douglas
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Middle Or Junior School:North Douglas
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High School:North Douglas
Parking
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Attached Garage:false
Extra Units
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Other Structures:Foundation
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/27/24
Sep 27, 2024
|
Listed / Active | RMLS | $110,000 | |
|
6/6/24
Jun 6, 2024
|
Price Changed | RMLS | ||
|
4/5/24
Apr 5, 2024
|
Price Changed | RMLS |
