730 N 5th Street, Jacksonville, Oregon
730 N 5th Street, Jacksonville, Oregon 97530 - One-of-a-kind opportunity to own 1.5 acres zoned general commercial in historic downtown Jacksonville, Oregon with extensive Hwy 238 frontage. Most of the acreage is open and vacant ideally suited for development. However, current income is possible because of two separate leasable units totaling 5,353 square feet. Unit one is a blue building and totals 4,653 square feet of mixed office space, two kitchens, two bathrooms, and private suites with additional warehouse space in the back including three roll-up bay doors. Unit two is a separate red building totaling 780 square feet on one level. The possibilities are endless with this zoning. Act now and build a commercial center, medical office space, apartments or a mixed unit development while earning current income. Both legal lots are offered together at the listed price and there's ample space to subdivide creating additional commercial lots as well. June 2017 property appraised for $1,380,000. Buyer to do own due diligence.
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Listing Courtesy of Gateway Real Estate