728 Rice AveRoseburg, OR 97470

Property Details for 728 Rice Ave

Year built

1982

Lot size

0.08 AC

Property size (Sq ft)

1,935 SF

Property type

Retail space

APN

27-06W-24DD-13600

APU

2706W24DD13600

Description

This exceptional 1,935 square foot commercial property, situated on a 0.08-acre lot at 728 SE Rice Ave in Roseburg, Oregon, presents a fantastic investment opportunity. Boasting a highly desirable location just off the bustling SE Stephens Street, directly across from the Senior Center, this property benefits from significant visibility and high traffic flow. The building has undergone extensive renovations, including a beautifully remodeled kitchen and showroom, perfect for a variety of commercial uses. An updated bathroom featuring a shower adds to the property's modern appeal. Recent improvements also include the installation of new ductless heating and cooling units, and fresh paint throughout, ensuring a move-in ready condition. Ample on-site parking is available for both employees and customers, adding to the property's convenience. Its strategic location provides easy access to essential city services, the vibrant downtown business district, and a variety of restaurants, making it an ideal location for a thriving business. The asking price is $275,000 and owner carry terms are available. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving Oregon community. Don't miss out!

• CAP approach

  CAP return

  Valuation

  6%

  $560,308

  6.5%

  $517,208

  7%

  $480,264

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,249,429

  Geo Method

  $1,249,429

• Alternative Use

  Use

  Valuation

  Residential

  $436,284

  Hospitality

  $399,634

  Educational

  $332,491

  Medical

  $343,925

  Retail

  $517,208

Location Insight

City

Roseburg

County

Douglas

State

Oregon

Latitude

43.201

Longitude

-123.352

CBSA code

40700

CBSA name

ROSEBURG, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].