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Listed by RE/MAX Integrity
$130,000
Est. payment /mo
8,604 SqFt
UPDATED:
08/30/2024 05:01 PM
Key Details
Property Type Commercial
Sub Type Hotel Motel
Listing Status Active
Purchase Type For Sale
Square Footage 8,604 sqft
Price per Sqft $15
MLS Listing ID 24306238
Year Built 1899
Annual Tax Amount $1,961
Lot Size 0.280 Acres
Property Description
Named and built by Sarah Thomas after the Oakland fire of 1899, this property has a rich history, replacing the original hotel from 1878. It's said to be the first hotel south of Portland to feature hot and cold running water in each room. Prominently located at the corner of 1st and Locust streets, the property sits across from the historic railroad depot (no longer in service), offering excellent visibility and accessibility. The general commercial zoning provides a wide range of opportunities for redevelopment. Whether you envision a boutique hotel, restaurant, retail space, or office building, this property can accommodate your business aspirations. As a major fixer-upper, this property is a blank slate for your creative ideas. Restore it to its former glory or transform it into a modern commercial space tailored to your needs. The prominent corner lot location ensures high traffic and visibility, making it an ideal spot for any business venture.50x100 vacant gravel parking lot for income potential - currently used for food trucks.
Location
State OR
County Douglas
Area _256
Zoning C-3
Interior
Heating None
Cooling None
Exterior
View Territorial
Roof Type Flat,TarGravel
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash
Listing Terms Cash
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