For Sale
$550,000

204 Locust StOakland, OR 97462

Turnkey Hardware Store, Established 1887

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional turnkey business opportunity presents the chance to acquire Stearns Hardware, a well-established retail store in historic Oakland, Oregon. Located on the main commercial street (204 Locust St), this 11,110 square foot, two-story building sits on a 0.16-acre lot (APN R32651) and is zoned C1. Built in 1892, the property boasts a rich history, having served the community since 1887. The sale includes the business name, all shelving, counters, equipment, a cash register, and an antique safe (a complete list is available upon request). The main floor features display windows, a private office with antique furnishings, a break area with kitchenette appliances, and a half bathroom. A rear freight door and an antique elevator provide convenient access to the spacious second-floor storage area, including a separate enclosed storage room. The property offers significant potential for expansion, with additional display space available in the front of the store. The seller will provide limited assistance with the business transition. This is a rare opportunity to own a piece of Oakland's history and a thriving, established business in a prime commercial location. The asking price is $550,000 ($49.50/sq ft). This is a single-unit, owner-user investment.

Highlights

  • $550,000 asking price for this 11,110 square foot retail property in Oakland, Oregon.
  • Turnkey convenience store/pharmacy/hardware store established in 1887, including the business name.
  • Includes all shelving, counters, equipment, cash register, and antique safe.
  • Features a private office, break room, and half bath.
  • Offers rear access via freight door and elevator, plus ample second-floor storage.
  • Prime commercial location on the main street, with seller providing limited transition assistance.

Property Details for 204 Locust St

Property type
Retail properties, Retail space
Square Feet
11,110 SF
Year Built
1892
Buildings
1
Stories
2
Lot Size (sq. ft)
6,970 SF
Units
1

Location Insight

City
Oakland
County
Douglas
State
Oregon
Latitude
43.4220183
Longitude
-123.2980316
204 Locust St, Oakland, Oregon

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204 Locust St
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