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Creswell Theater 187 W Oregon Ave 4,350 SF 40% Leased Flex Building Creswell, OR 97426 $375,000 ($86.21/SF)



Executive Summary
This versatile 4,350 sq. ft. multi-use property in historic downtown Creswell offers a unique investment opportunity with solid income from an occupied 3-bedroom, 1-bath apartment and approximately 2,640 sq. ft. of shell space ready for your vision. Featuring a newer roof and zoned for downtown commercial use—with potential conversion to residential per city guidelines—this space is perfect for investors or owner-operators looking to capitalize on Creswell’s charm and growth. Formally the Historic Creswell Theater, this property combines character with flexibility in a prime location. Apartment is currently rented for $1895 a month. According to the city of Creswell this building can be converted to multi family residential.
Property Facts
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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Creswell Theater | 187 W Oregon Ave
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