809 Main StRoseburg, OR 97470

  • Turn key restaurants
  • 2,599 SF
For Sale
$425,000 View listing

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
809 Main St, Roseburg, Oregon

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,667
-
-
$318,202
-
$108,780
$245,606
$354,386

FAQs

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