517 N First ST, Drain, OR 97435

$110,000
List Price
$110,000
Price Change
▼ $20,000 1717745523
Days on Market
101
MLS#
24520502
Property Type
Land
Lot Size
15, 000 to 19, 999 SqFt
Region
Douglas Co: North Douglas County
Status
ACTIVE

Property 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 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.

Additional Information

Tax Amount
$831
High School
North Douglas
Elementary School
North Douglas
Middle School
Other
Acres
0.36
Property Type
Mixed Use
Terms
Cash, Conventional, Other
View
City
Number Of Lots Total
4
Road Frontage Yn
Yes
Road Surface
Paved

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Level Realty Group.

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