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About the Listing 1KWR02 - GILBERT
Investor Opportunity – Mixed-Use Asset in Downtown RoseburgThe historic Kohlhagen Building presents a compelling mixed-use investment with diversified income streams and long-term upside. This well-located asset combines stable commercial tenancy with value-add residential and office potential, making it an attractive addition to any investment portfolio.The ground floor features three fully leased, street-front commercial suites (Draper’s, Serendipity, and the Art Gallery), providing consistent income and strong visibility in a high-traffic downtown corridor. These established tenants contribute to the vibrancy of the area while offering reliable cash flow.The second story has been extensively remodeled and repositioned for income-producing use. A former banquet and event space has been thoughtfully adapted into a medium-term rental / Airbnb-style suite, creating immediate income with flexibility for future use. The upper level also includes multiple suites with shared kitchen and bathroom facilities, well-suited for extended-stay tenants, traveling professionals, or co-living arrangements.In addition, the street-facing rooms on the upper level offer strong potential for executive office suites, benefiting from natural light, high ceilings, and prominent downtown views—ideal for professional users seeking character-rich workspace.The building currently supports 7 residential-style units on the upper level, offering flexibility for continued short-term/medium-term rental operations, office conversion, or a hybrid live/work model depending on investor strategy.Additional features include on-site parking (street frontage and private rear spaces) and basement storage, enhancing both tenant appeal and operational functionality.Located within a designated Opportunity Zone, this asset offers potential tax advantages and aligns with ongoing downtown revitalization efforts—positioning investors to benefit from both immediate income and long-term appreciation.
Listing Highlights
Status
Active
Days on Site
776
Property Type
Commercial Sale
MLS ®
24548624
Year Built
1910
Total Square Footage
20,795
Lot/Acreage
0.27
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,MiniSplit
- Heating: Forced Air,Mini Split
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: CBD
- Roof: Built-Up
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: On Site
Financial Details
- Tax Amount: $5,820
- Taxes w/Assessments: N/A
- Tax/Property ID: R70199
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
622 SE Jackson St Roseburg, OR 97470
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