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Listed by eXp Realty, LLC • 541-900-0789
$ 825,000
Est. payment /mo
Price Dropped by $25K
831/827 SE CASS AVE Roseburg, OR 97470
9,392 SqFt
UPDATED:
12/23/2024 01:42 AM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,392 sqft
Price per Sqft $87
MLS Listing ID 24250228
Year Built 1906
Annual Tax Amount $3,107
Tax Year 2023
Lot Size 5,227 Sqft
Property Description
Amazing Investment and Business Opportunity in Downtown Roseburg!For Sale: Fully Established Convenience Store + Real Estate + Multiple Rental Units. Don't miss this incredible investment opportunity in a high-traffic urban area of downtown! The sale includes a fully operational, profitable owner-operated convenience store "Cass Market & Deli" with a well-established customer base and impressive monthly revenue.Key Features of the Property:Convenience Store: Monthly rent $2000; Fully equipped kitchen; Fully stocked inventory ($125,000 included).Profitable business making approximately $30,000/month Rental Income: Two large stores on the ground floor rented for $2,300/m; Two fully equipped upstairs dance studios w/ adjoining rooms, one currently rented for $900/m; Additional two office rooms & storage room available for lease; Sunroom & waiting room rented to Math tutor for $300/m. Total rental income of $5,500/month and significant growth potential! Prime Location: Corner of Cass Ave /Rose St, right next to a large city public parking with 4-hour free parking; Situated in a bustling district with restaurants, offices, retail shops, boutiques, and art galleries; Includes two separate addresses on two tax lots.Recent Upgrades : The property has undergone over $50,000 in electrical upgrades to meet new Pacific Power codes; The building is meticulously maintained and in excellent condition.Investment Potential: Sale Price includes the real estate, business, inventory, and fully equipped facilities—a great deal for investors looking to step into a profitable business today. Rental and Business Income: With current rents already generating $5,500/month and the market business earning about $30,000/month, there's significant potential for growth and increased income.Whether you want to continue operating Cass Market & Deli or lease out the spaces for additional rental income, this is amazing opportunity to have profit & grow! Act fast—this deal won't last long!
Location
State OR
County Douglas
Area _253
Zoning C
Interior
Heating Forced Air
Cooling Central Air
Equipment Fixtures, Furniture, SmokeDetector
Exterior
View City
Roof Type Flat
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other