1 Main StWinston, OR 97496

Property Details for 1 Main St

Year built

1948

Lot size

2.30 AC

Property size (Sq ft)

21,031 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional investment opportunity presents a multi-unit retail complex ideally situated in Winston, Oregon. The property encompasses 27 units spread across two buildings, totaling 21,031 net rentable square feet on a 2.3-acre lot. The complex comprises 11 RV spaces, 10 commercial spaces, and 6 residential apartments (two requiring completion). Built in 1948 and renovated in 2016, the property boasts a diverse income stream, offering significant potential for growth. The main building comprises 18,177 square feet, while the secondary building adds 2,854 square feet, according to the County Assessor. The property includes 53 parking spaces and is zoned CG. Six tax lots (R41609, R53015, R41633, R41617, R41625, and R51412) make up this centrally located property. The asking price is $1,500,000, translating to $71.32 per square foot. Potential buyers are advised to conduct their own due diligence regarding all aspects of the property, including square footage. Winston and nearby Dillard, Oregon, offer a unique blend of small-town charm and economic stability, fueled by Roseburg Forest Products and the popular Wildlife Safari. The South Umpqua River and nearby vineyards add to the area's appeal. This property presents a rare chance to acquire a substantial, multi-faceted income-generating asset in a thriving Oregon community.

Location Insight

City

Winston

County

Douglas

State

Oregon

Latitude

43.1222

Longitude

-123.413

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