Great investment opportunity 4 lots of commercial property totaling .36 acres in a great location as you pull into the city. Investor friendly. Waiting to be fully developed. Overlooking the City of Drain "Gateway to the Pacific Ocean" Lot # R20915, R20923, R20907, R20939 Rezoning may be possible. According to the City of Drain planners office it may be built up to a height of 50 ft (approximately 4 stories) a special permit may be issued to allow the owner of a business to live onsite as well. According to the city administrator , the City does have funding for business loans to expand Drain's commercial and economic growth. The city is looking for new investors to help shape the City's future Jennie the city administrator can be reached at 541-836-2417 if you have further questions.
Property Details
Property Features
Listing Office:
Office Name: Vantage Point Brokers, LLC
Office Phone: (503) 523-0997
Listing Agent: Theresa Montoya
Exterior Features
Exterior Information:
View: City
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.36 Acres
Other
Directions Information:
Directions: Corner of N 1st St and W E St
Price Information
Listing Price Info
Price Summary:
List Price: $110,000
Tax Information:
Annual Amount: $233
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Drain, OR.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/31/2024, 12:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$233
$20,910
2019
$232
$20,910
2017
$224
$20,910
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Yoncalla Elementary / Middle School
401 1st St
Distance between this listing and this school4.27 miles
Public District Grades KG-6
4
/10
Bohemia Elementary School
721 S R St
Distance between this listing and this school15.10 miles
Public District Grades KG-5
7
/10
Harrison Elementary School
1000 Taylor Ave
Distance between this listing and this school15.61 miles
Public District Grades KG-5
Nearby Schools
6
/10
North Douglas Elementary / Middle School
100 N School St
Distance between this listing and this school0.38 miles
Public District Grades KG-8
5
/10
Lincoln Middle School
1565 S 4th St
Distance between this listing and this school15.20 miles
Public District Grades 6-8
7
/10
Lincoln Middle School
931 N Old Town Rd
Distance between this listing and this school15.81 miles
Public District Grades 5-8
Nearby Schools
3
/10
North Douglas High School
305 S Main St
Distance between this listing and this school0.18 miles
Public District Grades 9-12
3
/10
Yoncalla High School
292 5th St
Distance between this listing and this school4.69 miles
Public District Grades 7-12
7
/10
Elkton Charter School
739 River Rd
Distance between this listing and this school12.80 miles
The neighbors living near this home have an average income of $46,170. Typical income of Drain, OR residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 517 N First St
What is the listing price of this property?
The listing price of 517 N First St property is $110,000.
What type of property is this?
The property 517 N First St is land located in Drain, Oregon, 97435.
Is this property for sale now?
Active Listing: 517 N First St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $233 (source: MLS/based on county public records data).
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This home is located at 517 N First St in Drain, OR and zip code 97435. This home sits on a 0.36 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $110,000.
Between October 2024 and November 2024, Drain, OR real estate market has seen increase in the number of listings by 37.5%. The median list price of listings available in November 2024 was $325,000, while the average time on the real estate market was 105 days.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
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