517 North 1st Street

517 North 1st Street

Drain, OR 97435

$130,000
Price
15,681 / 0.36
Lot Size / Acres
a view of a yard with large trees
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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...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 of Dain 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.
  1. Listed by Theresa Montoya • Level Realty Group • Richard@Lrgoregon.com

Property Details for 517 North 1st Street

Zoning
C
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City

Location

Listing Courtesy of Level Realty Group
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LISTING UPDATED: 04/05/2024 06:31 PM

Property Details for 517 North 1st Street

StatusActive
MLS #24520502
Days on Market51
Taxes$832 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size0.36 AC
CountyDouglas County

Location

Listing Courtesy of Level Realty Group
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Building Information for 517 North 1st Street

Lot Size0.36 AC

Payment Calculator

$779 per month

30 year fixed, 7.25% Interest

Principal and Interest

$709

Property Taxes

$69

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 517 North 1st Street

Summary
Location and General Information
  • Country: US
  • Directions: Corner of North First St and West St. Drain
  • Road Surface: Paved
School Information
  • Elementary School: North Douglas
  • High School: North Douglas
  • Middle Or Junior School: Other
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $831.68
  • Parcel Number: R20915
  • Parcel Number 2: R20923
  • Parcel Number 3: R20907
  • Tax Legal Description: DRAIN, BLOCK 2, LOT PT 3 & W1/2 4, ACRES 0.12
Property
Lot Information
  • Acres: 0.36
  • Lot Description: Corner Lot
  • Lot Size Square Feet: 15681.0
  • Number Of Lots Total: 4
  • Current Use: Commercial
  • Land Description: Gentle Sloping
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Public Sewer, Water Available
Interior and Exterior Features
Exterior Features
  • Existing Structures Description: Foundation

Public Records for 517 North 1st Street

Taxable ValueLand-Additions-Total-
Tax Record2023$288 ($24 / month)
Home Facts
Total Finished SqFt744 SqFtAbove Grade Finished SqFt744 SqFtStories1Lot Size3,485 SqFtStyleMiscellaneous CommercialYear Built1920CountyDOUGLASAPN22-05W-08DC-02200

Schools near 517 North 1st Street

This home is within North Douglas School District 22.
Rating
School
Type
Grades
Distance
North Douglas Elementary School
Public - K to 8
North Douglas High School
Public - 9 to 12
Rating
School
Distance
North Douglas Elementary School
PublicK to 8

North Douglas High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 517 North 1st Street, Drain, OR 97435

517 North 1st Street is a 0.36 ac of land for sale in Drain, OR 97435. This property was listed for sale on March 11, 2024 by Level Realty Group, it's currently listed at $130,000. This listing's school district is North Douglas School District 22. Nearby schools include North Douglas Elementary School and North Douglas High School. 517 North 1st Street is a 0-bed, 0-bath, 0.36 ac of land on a 15,681 sq. ft. / 0.36 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Level Realty Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/05/2024 06:31 PM