622 SE Jackson St,Roseburg, OR 97470
Roseburg, OR 97470
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.
Details
| MLS # | 24548624 |
|---|---|
| Listing Type | For Lease |
| Style | Commercial |
| Status | Active |
| Year | 1910 |
| Days On Site | 931 |
| Listing Provided By | Keller Williams Southern Oregon-Umpqua Valley | Mary Gilbert |
Features
| SQ Feet | 20,795 |
|---|---|
| Story(s) | 3 |
| Building(s) | 1 |
| Zoning | CBD |
| Acreage | 0.27 |
| Property View | City, Mountain, Valley |
Interior
| Heating | Forced Air, Mini Split |
|---|---|
| Heating Yn | Yes |
| Cooling | Central Air, Mini Split |
| Cooling Yn | Yes |
Exterior
| Roof | Built Up |
|---|---|
| Construction Materials | Brick, Partial Basement |
Parking
| Attached Garage Yn | No |
|---|---|
| Parking Features | On Site |
Taxes
| Property | 5819 |
|---|
Area Information
| State | OR |
|---|---|
| County | Douglas |
| City | Roseburg |
| Zip Code | 97470 |
| Listing VS Median (in 97470) | |
Price: $1,295,000 low | high Med: $407,450 sqft: 20,795 low | high Med: 1,678 $ / sqft: $62 low | high Med: $245 On site: 931 low | high Med: 313 | |
Market Activity 97470
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Learn More About This Property
| State | OR |
|---|---|
| County | Douglas |
| City | Roseburg |
| Zip Code | 97470 |
| Listing VS Median (in 97470) | |
Price: $1,295,000 low | high Med: $407,450 sqft: 20,795 low | high Med: 1,678 $ / sqft: $62 low | high Med: $245 On site: 931 low | high Med: 313 | |
