5
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Listed by Vantage Point Brokers, LLC
$110,000
Est. payment /mo
0.36 Acres Lot
Active
517 N FIRST ST Drain, OR 97435
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UPDATED:
09/27/2024 12:58 PM
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
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