311 N FIRST St, Drain, OR 97435

Other
AUD $268,070
USD $186,200
Published on: 26 Aug 2026
Last updated on: 30 Sep 2026
311 N FIRST St, Drain, OR 97435
  • 1
Property ID: 110109921216
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CommercialSale, Drain, OR

311 N FIRST St, Drain, OR 97435
Discover an exceptional commercial opportunity that perfectly blends business potential with live-work convenience in charming Drain, Oregon. This impressive 4,655-square-foot building sits strategically along busy Highway OR-38/OR-99, ensuring your future venture enjoys excellent visibility and steady foot traffic from travelers between Eugene and Roseburg.The two-story structure offers incredible flexibility for entrepreneurs ready to make their mark. Whether you envision a bustling restaurant, retail store, fitness center, or unique specialty business, this spacious property provides the canvas for your commercial dreams. The generous downstairs area flows seamlessly into an equally impressive upper level, creating endless possibilities for creative business layouts.What sets this property apart is its live-work potential - zoning permits residential use upstairs, allowing you to literally live above your business and maximize your investment. Picture rolling out of bed and walking downstairs to your thriving enterprise, eliminating commute stress while keeping overhead costs manageable.Recent improvements include a brand-new roof backed by a 20-year warranty, providing peace of mind for years to come. The unique walk-out roof access opens opportunities for outdoor seating, events, or additional business space. Convenient on-street parking ensures customers can easily access your establishment, while the prime location next to Ray's Food Place guarantees steady neighborhood traffic.This building practically begs for renovation magic - bring your vision and watch this diamond in the rough transform into your profitable business venture. With flexible financing options potentially available, including owner-carry possibilities with a $70,000 down payment, your entrepreneurial journey could begin sooner than expected.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
242.81 m2
Building Size
432.46 m2
Year Built
1935
Num Floors
2
County
Douglas
Parcel ID
R21059
Provider
Regional Multiple Listing Services
Brokerage Office Name
RE/MAX Integrity
Brokerage Office Phone
(541) 673-3272
Neighbourhoods
_265
Address
311 N FIRST St, Drain, OR 97435
Contact Agent
Kristine Ronk
RE/MAX Integrity
2955 NW Edenbower Blvd , Roseburg, OR 97471
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Kristine Ronk
2955 NW Edenbower Blvd , Roseburg, OR 97471
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      Property ID: 110109921216

      Original Property ID: 3yd-RMLSOR-384104693
      Data provided by Regional Multiple Listing Services, MLS #: 384104693
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