tomo logo

$328,500

Beds
Unknown
Baths
1.0
sq ft
2,700

47929 Highway 58, Oakridge, OR 97463

47929 Highway 58

Oakridge, OR 97463

  • 78 days on market
    • Price drop $1,500↓
Embark on a distinctive business venture in Oakridge with this strategically positioned 2,700 sqft commercial property on 1.16 acres, zoned C3. Fronting a well-traveled highway, this location provides unparalleled visibility and accessibility. Boasting two expansive roll-up garage doors, a loft area, and 220 electrical wiring, the space is a versatile canvas for a range of businesses. Inside, discover a reception area, bathroom facilities, a framed office awaiting customization, and multiple storage/work rooms enhancing functionality. Tailor this space to your vision?a dynamic bike shop with highway frontage, a hub for guided recreation tours, or other imaginative ventures. Investors will find appeal in the potential for diverse income streams and the allure of Oakridge's recreational charm. Seize this opportunity; schedule a viewing today and unlock the potential of this extraordinary, highway-fronted space for your business or investment portfolio.

Details

Property type

Single Family Residence

Lot size

1.16 acres

Price per sq ft

$122

Year built

1925

Annual property taxes

$3,782.75

Price History

10/22/2024
PortlandOR

PortlandOR #24116064

Price change
$328,500
-0.45%
09/06/2024
PortlandOR

PortlandOR #24116064

Listed
$330,000

Schools & Community

Elementary school: 

Oakridge

Middle school: 

Oakridge

High school: 

Oakridge

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Siuslaw Bank

Loan start date

December 2014

Original loan amount

$137,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Commercial, 15 year

Seller

Randy L Dreiling

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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47827 Commercial St, Oakridge, OR 97463

Status: Active

Tomo last checked: 11/23/2024 at 7:50 AM

Listing updated: 10/21/2024 at 8:03 PM

Listed by: Erika Harris, United Real Estate Properties Phone #: (541) 525-9060

MLS: PortlandOR #24116064

PortlandOR logo

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