809 Main StRoseburg, OR 97470
- Turn key restaurants
- 2,599 SF
Property Details for 809 Main St
- Year built
- 1922
- Lot size
- 0.18 AC
- Property size (Sq ft)
- 2,599 SF
- Property type
- Turn key restaurants
- APN
- 27-05W-19CB-10000
- APU
- 2705W19CB10000
Description
This stunning 5,198 sq ft building, located at 809 SE Main St in downtown Roseburg, Oregon, is a historically significant former church built in 1922 and listed on the National Register of Historic Places since 1985. Its unique 20th Century Gothic architecture features a stuccoed, cast concrete exterior and boasts magnificent stained-glass windows (some original, some damaged in a 1959 incident). The property sits on a 0.18-acre corner lot, providing ample on-site and street parking. Its C3 zoning allows for diverse uses, including event venues, wine tasting rooms, art galleries, or even residential conversion. The building's prime downtown location offers excellent visibility and accessibility, surrounded by thriving businesses. This is a rare opportunity to acquire a piece of Roseburg's history within a designated Opportunity Zone. The building's previous uses include Jasmine's Event Venue and Catch 22 Restaurant, demonstrating its adaptability and potential. The property presents a unique investment opportunity for those seeking a distinctive commercial space with significant historical character.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $752,583
- 6.5%
- $694,692
- 7%
- $645,072
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,678,173
- Geo Method
- $1,678,173
-
Alternative Use
- Use
- Valuation
- Residential
- $585,999
- Hospitality
- $536,772
- Educational
- $446,588
- Medical
- $461,947
- Retail
- $694,692
Location Insight
- City
- Roseburg
- County
- Douglas
- State
- Oregon
- Latitude
- 43.2065
- Longitude
- -123.345
- CBSA code
- 40700
- CBSA name
- ROSEBURG, OR MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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