1560 SE STEPHENS ST, Roseburg, OR 97470 | MLS #24234504 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of Different Better Real Estate- MLS# 24234504MLS Provider

1560 SE STEPHENS STRoseburg, OR 97470

Commercial · 3,555 Sq. ft. | 0.18 Acres
$350,000 Active

1560 SE STEPHENS ST Overview

Time on Site:
745 days
Visits:
265

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.

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1560 SE STEPHENS ST Facts & Features

  • Type Commercial
  • Sq. ft. 3,555
  • Price/Sq.ft. $98
  • Lot 0.18 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 5 - 10 Years Remaining,Escalation Clause
  • Gross Income: 26844.0
  • Operating Expense: 2719.0

Building Information

  • Year Built: 1978

Business Information

  • Current Use: Athletic Facility

Location/Region

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

Rent/Lease Information

  • Lease Amount: 2237.0

Tax Information

  • Tax Annual Amount: 2718.26
  • Tax Year: 2023

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: R73608
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C3

Interior

Building Interior

  • Building Area Total: 3555.0

General Information

  • Cooling: Window Unit(s)
  • Heating: Other
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Off Street,On Site
  • Parking Total: 12.0

Lot Information

  • Lot Size Acres: 0.18
  • Lot Size Square Feet: 7840.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Block
  • Roof: Flat,Membrane

General Information

  • Road Frontage Type: 182
  • Sewer: Public Sewer

1560 SE STEPHENS 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.

1560 SE STEPHENS 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.

1560 SE STEPHENS 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

1560 SE STEPHENS ST History

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