Listing provided courtesy of Keller Williams Realty Southern Oregon- MLS# 220216769MLS Provider

48257 E 1st StreetOakridge, OR 97463

Commercial · 3,279 Sq. ft. | 0.11 Acres
$250,000 Active

48257 E 1st Street Overview

Time on Site:
111 days
Visits:
1

Seller will carry with 30% down. Former bank building with excellent bones and built-in security features, ideal for conversion into an OLCC-licensed cannabis dispensary or other retail use. The property was purchased with plans to become a marijuana retail outlet, and an OLCC retail license is currently active at this location (not in operation). The interior remains unfinished, providing a blank canvas for your vision--complete the buildout as a dispensary or reimagine the space for another business type. Flexible options available: purchase the property and license together, acquire just the building for alternative use, or buy the license and lease the site from the seller. Great opportunity in the heart of Oakridge for an investor or operator looking for a secure, adaptable commercial space.

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48257 E 1st Street Facts & Features

  • Type Commercial
  • Sq. ft. 3,279
  • Price/Sq.ft. $76
  • Lot 0.11 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1947
  • Year Established: 2021

Business Information

  • Number Of Full Time Employees: 0
  • Number Of Part Time Employees: 0

Location/Region

  • County Or Parish: Lane
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 5391.65
  • Tax Year: 2025

General Information

  • Inclusions: OLCC Retail License 050-1011581AD4E
  • Listing Terms: Cash,Owner Will Carry
  • Parcel Number: 0951598
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 3279.0

General Information

  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Foundation Details: Concrete Perimeter
  • Levels: One

Exterior

Parking Information

  • Parking Features: On Street,Parking Lot

Lot Information

  • Additional Parcels: false
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Roof: Membrane

General Information

  • Number Of Units Total: 1
  • Sewer: Public Sewer

48257 E 1st Street Neighborhood

Community

97463 (Oakridge) Demographics

53
Median Age
89
Population Density (per sq. mile)
21%
College Educated
$32,583
Estimated Median Income
1,008
Estimated Total Home Owners
650
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

48257 E 1st Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

48257 E 1st Street Market Data

Based on the last 30 days in this zip code

$397,408
Average List Price
$293
Average Price per Square Foot
6
Properties Sold
130
Average Days on Market
35
Properties for Sale
Calculations provided by Reliance Network

48257 E 1st Street History

Date Event Value Agent
3/10/2026Source: Oregon Datashare Added to Database
March 10, 2026