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Listed by Keller Williams Southern Oregon-Umpqua Valley • 541-371-5500
$1,295,000
Est. payment /mo
20,795 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,795 sqft
Price per Sqft $62
MLS Listing ID 24548624
Year Built 1910
Annual Tax Amount $5,819
Tax Year 2025
Lot Size 0.270 Acres
Property Sub-Type Commercial
Property Description
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.
Location
State OR
County Douglas
Area _253
Zoning CBD
Interior
Heating Forced Air, Mini Split
Cooling Central Air, Mini Split
Exterior
View City, Mountain, Valley
Roof Type BuiltUp
Garage No
Building
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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