622 SE JACKSON ST, Roseburg, OR 97470 | MLS #24548624 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of Keller Williams Southern Oregon-Umpqua Valley- MLS# 24548624MLS ProviderContact Information: 541-371-5500

622 SE JACKSON STRoseburg, OR 97470

Commercial · 20,795 Sq. ft. | 0.27 Acres
$1,295,000 Active

622 SE JACKSON ST Overview

Time on Site:
851 days
Visits:
182

Investor Opportunity ' Mixed-Use Asset in Downtown RoseburgThe historic Kohlhagen Building presents a compelling mixed-use investment with diversified income streams and long-term upside. This well-located asset combines stable commercial tenancy with value-add residential and office potential, making it an attractive addition to any investment portfolio.The ground floor features three fully leased, street-front commercial suites (Draper's, Serendipity, and the Art Gallery), providing consistent income and strong visibility in a high-traffic downtown corridor. These established tenants contribute to the vibrancy of the area while offering reliable cash flow.The second story has been extensively remodeled and repositioned for income-producing use. A former banquet and event space has been thoughtfully adapted into a medium-term rental / Airbnb-style suite, creating immediate income with flexibility for future use. The upper level also includes multiple suites with shared kitchen and bathroom facilities, well-suited for extended-stay tenants, traveling professionals, or co-living arrangements.In addition, the street-facing rooms on the upper level offer strong potential for executive office suites, benefiting from natural light, high ceilings, and prominent downtown views'ideal for professional users seeking character-rich workspace.The building currently supports 7 residential-style units on the upper level, offering flexibility for continued short-term/medium-term rental operations, office conversion, or a hybrid live/work model depending on investor strategy.Additional features include on-site parking (street frontage and private rear spaces) and basement storage, enhancing both tenant appeal and operational functionality.Located within a designated Opportunity Zone, this asset offers potential tax advantages and aligns with ongoing downtown revitalization efforts'positioning investors to benefit from both immediate income and long-term appreciation.

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622 SE JACKSON ST Facts & Features

  • Type Commercial
  • Sq. ft. 20,795
  • Price/Sq.ft. $62
  • Lot 0.27 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 1 - 5 Years Remaining,Modified Gross
  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1910

Business Information

  • Current Use: Bar,Multi Family,Restaurant

Location/Region

  • Country: US
  • County Or Parish: Douglas
  • MLS Area Major: 253 - Douglas Co: SE Roseburg/inside Roseburg SD

Rent/Lease Information

  • Lease Amount: 114000.0

Tax Information

  • Tax Annual Amount: 5819.5
  • Tax Year: 2025

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: R70199
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: CBD

Interior

Building Interior

  • Building Area Total: 20795.0

General Information

  • Cooling: Central Air,Mini Split
  • Heating: Forced Air,Mini Split
  • Stories: 3

Exterior

Parking Information

  • Parking Features: On Site
  • Parking Total: 5.0

Lot Information

  • Lot Size Acres: 0.27
  • Lot Size Square Feet: 11761.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick,Partial Basement
  • Roof: Built-Up

General Information

  • Sewer: Public Sewer

622 SE JACKSON ST Neighborhood

Community

97470 (Roseburg) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

622 SE JACKSON ST Monthly Cost

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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.

622 SE JACKSON ST Market Data

Based on the last 30 days in this zip code

$547,016
Average List Price
$280
Average Price per Square Foot
19
Properties Sold
124
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

622 SE JACKSON ST History

Date Event Value Agent
6/27/2024Source: Regional MLS Price Reduction
$1,295,000 -13.7%
3/1/2024Source: Regional MLS Added to Database
March 01, 2024