622 SE JACKSON St, Roseburg, OR 97470
sale
$1,295,000
|
Other
Courtesy Of Keller Williams Realty Southern Oregon Umpqua Valley
Investor Opportunity - Mixed-Use Asset in Downtown RoseburgThe historic Kohlhagen Building presents a compelling mixed-use investment with diversified income streams and long-term upside. This well-located asset combines stable commercial tenancy with value-add residential and office potential, making it an attractive addition to any investment portfolio.The ground floor features three fully leased, street-front commercial suites (Draper's, Serendipity, and the Art Gallery), providing consistent income and strong visibility in a high-traffic downtown corridor. These established tenants contribute to the vibrancy of the area while offering reliable cash flow.The second story has been extensively remodeled and repositioned for income-producing use. A former banquet and event space has been thoughtfully adapted into a medium-term rental / Airbnb-style suite, creating immediate income with flexibility for future use. The upper level also includes multiple suites with shared kitchen and bathroom facilities, well-suited for extended-stay tenants, traveling professionals, or co-living arrangements.In addition, the street-facing rooms on the upper level offer strong potential for executive office suites, benefiting from natural light, high ceilings, and prominent downtown views-ideal for professional users seeking character-rich workspace.The building currently supports 7 residential-style units on the upper level, offering flexibility for continued short-term/medium-term rental operations, office conversion, or a hybrid live/work model depending on investor strategy.Additional features include on-site parking (street frontage and private rear spaces) and basement storage, enhancing both tenant appeal and operational functionality.Located within a designated Opportunity Zone, this asset offers potential tax advantages and aligns with ongoing downtown revitalization efforts-positioning investors to benefit from both immediate income and long-term appreciation.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: PartialBasement
- Floors: 3
- Heating System: Forced Air
- Legal Description: ROSEBURG, BLOCK 38, LOT 3, ACRES 0.20
- MLSID: 24548624
- Roof Type: Built-Up
- View Type: Valley
- View Type: City
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