Homes for sale - 517 N FIRST ST, Drain, OR 97435

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LuzMaria Simmons

lifestylevibes@luzmariasimmons.com +1(503) 422-1919

Listed by Vantage Point Brokers, LLC

$ 110,000

Est. payment | -/mo

0.36 Acres Lot

Save

$ 110,000

Est. payment | -/mo

Save

0.36 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24239926

Annual Tax Amount $831

Tax Year 2023

Lot Size 0.360 Acres

Property Description

Great investment opportunity 4 lots of commercial property totaling .36 acres in a great location as you pull into the city. Investor friendly. Waiting to be fully developed. Overlooking the City of Drain "Gateway to the Pacific Ocean" Lot # R20915, R20923, R20907, R20939 Rezoning may be possible. According to the City of Drain planners office it may be built up to a height of 50 ft (approximately 4 stories) a special permit may be issued to allow the owner of a business to live onsite as well. According to the city administrator , the City does have funding for business loans to expand Drain's commercial and economic growth. The city is looking for new investors to help shape the City's future Jennie the city administrator can be reached at 541-836-2417 if you have further questions.

Location

State OR

County Douglas

Area _265

Zoning C

Exterior

Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable

View City

Garage No

Building

Lot Description Corner Lot, Public Road

Schools

Elementary Schools North Douglas

Middle Schools North Douglas

High Schools North Douglas

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 422-1919

lifestylevibes@luzmariasimmons.com

2175 NW Raleigh Str #110, Portland, Oregon, 97210, USA

517 N FIRST ST Drain, OR 97435