1560 SE Stephens St
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1560 SE Stephens St
3,555 SF Retail Building Roseburg, OR 97470 $497,745 CAD ($140 CAD/SF) 7% Cap Rate
Investment Highlights
- Positioned near Highway 99 and high-traffic Stephens Street, the property offers excellent visibility and accessibility in Roseburg's downtown area.
- The 3,555 sq ft area features an open layout with tall ceilings, a large roll-up door, an office, and two remodeled bathrooms.
- Constructed from concrete blocks, the building is designed for durability and easy upkeep, complemented by 12 off-street parking spaces.
Executive Summary
This 3555 sq ft flex space, currently operating as a dance studio with long-term tenants in place, offers an excellent investment opportunity in Roseburg's bustling downtown area. Positioned just off the busy Highway 99, which transitions onto high-traffic Stephens Street, this property boasts excellent visibility and accessibility. Featuring 12 off-street parking spaces, the concrete block building was built with low-maintenance in mind, ensuring durability and easy upkeep. The main space is expansive and open, with tall ceilings and multiple open areas, making it suitable for various uses. Additionally, the property includes a large roll-up door, an office area, and two bathrooms, all with recent remodeling. Located just minutes away from I-5, this commercial building benefits from a high traffic count and prime location. The current lease, set at $2,200 per month, includes a yearly inflation clause with scheduled rent increases of up to 10%. Secure a solid long-term investment with this prime piece of commercial real estate on one of Roseburg's main corridors into town.
Financial Summary (Actual - 2022) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,555 SF
Building Class
B
Year Built
1978
Price
$497,745 CAD
Price Per SF
$140 CAD
Cap Rate
7%
NOI
$34,842 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.45
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
C3
Parking
12 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
89 ft on Stephens St
Amenities
- Corner Lot
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD (2024) | |
| Land Assessment | $0 CAD (2024) | Total Assessment | $267,646 CAD (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$267,646 CAD (2024)
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The Beckham Group
1560 SE Stephens St
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