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229 N First St 3,071 SF Retail Building Drain, OR 97435 $325,000 ($105.83/SF)

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Investment Highlights

  • Former Bank Building
  • Lots of Onsite Paved Parking
  • Drive Up

Executive Summary

Great opportunity for office/retail use ideally located on a corner lot with lots of onsite parking, drive-up window. Upstairs has break room with refrigerator, restroom, and lots of storage. Former bank building in the heart of Drain's business district.

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
3,071 SF
Building Class
B
Year Built
1948
Price
$325,000
Price Per SF
$105.83
Building Height
1 Story
Building FAR
0.35
Lot Size
0.20 AC
Zoning
C - Commercial

Nearby Major Retailers

U.S. Bank
Ray's Food Place

Property Taxes

Property Taxes

Parcel Number
R21147
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$268,215 (2025)
  • Listing ID: 39308306

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 229 N First St, Drain, OR 97435

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