187 W Oregon Ave - Flex FOR SALE


Creswell, OR 97426
$375,000 USD
541-501-3939
187 W Oregon Ave, Creswell, OR for Sale
$375,000 USD
Flex - FOR SALE
1/13
null | Request Cap Rate

NEW


187 W Oregon Ave
Creswell, OR 97426


OVERVIEW

This versatile 4,350 sq. ft. multi-use property in historic downtown Creswell offers a unique investment opportunity with solid income from an occupied 3-bedroom, 1-bath apartment and approximately 2,640 sq. ft. of shell space ready for your vision. Featuring a newer roof and zoned for downtown commercial use—with potential conversion to residential per city guidelines—this space is perfect for investors or owner-operators looking to capitalize on Creswell’s charm and growth. Formally the Historic Creswell Theater, this property combines character with flexibility in a prime location. Apartment is currently rented for $1895 a month. According to the city of Creswell this building can be converted to multi family residential.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Creswell Theater

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Downtown Commercial

APN/PARCEL ID

0835692

ASK ABOUT THIS PROPERTY

Rob OlsenUnited Real EstateMore Info
541-501-3939

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

Rob OlsenUnited Real EstateMore Info
541-501-3939

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