LIVE/WORK or INVESTMENT POTENTIAL Potential Income starts at $46k per year from retail lease that’s in hand and two Airbnb suites that we’re recently completed, Note: the projected income is based on weekend only occupancy for both Airbnb units and factoring in prevailing rates that similar units in Oakland currently charge. The $10k per year Retail Lease is in hand and the occupant will sign up for 3-5 years if the new owner desires. OWC with 40% Cash Down Payment This Architectural Masterpiece is the face of Historic Downtown Oakland… Offers a urban loft shabby chic designer feel in a charming small town with all the amenities. It has 17’ Ceilings Downstairs with 800 sf retail on Prime Corner… Large Kitchen Dining & Sitting area in the back portion of the main level with a full bathroom that could be a nice self contained one bedroom living space, This unit has direct access to front retail and basement that has full washer and dryer hook ups.. the 1600 partially finished basement’s 18” thick walls feature exposed brick and a new slab under foot… the floor trusses are all beautiful timbers that give it an amazing feel… The partially finished basement can easily be finished into additional living space… would be a great man cave game room. The Upstairs has 12’ Ceilings with three bedrooms a large family room with pellet stove and a full bathroom, All of the expensive renovations have been completed including the removal and restoration of all the original windows. The property has also been upgraded with new ductless HVAC, electrical service panels interior wiring and plumbing throughout. The 1600 sf partially finished basement has been completely upgraded with new slab, structural posts, electrical/lighting and rigid insulation attached to bottom side of wood floor or basement ceiling… Currently being used as a clean and dry storage space but could become a craftsman’s work shop . Downtown Oakland is a close knit community that’s undergone a renaissance over the past several years, It offers two renovated restaurants a historic tavern, hardware store, market several antique stores and two wine tasting rooms. There’s also a small market, post office and fire station. Douglas County is a blossoming wine region with 24 Wineries a Community College, Golf Courses the Two Rivers and picturesque farmlands and covered bridges all of which is just minutes away from Oakland… Step outside of this property and your a couple minutes from everything plus a freshly remodeled Tennis/Sport Court or picturesque park with playground and covered gazebo and disc golf course. Eugene is just 45 miles north and Roseburg, the County Seat just 15 miles south… and where you’ll find just about everything that will keep you close to home… movies, shopping, hospital and the rest of it…both In&Out and Chipotle arrived over the past year! There’s a 4500sf vacant lot development potential… it’s the land pictured with enclosed a picket fence and currently accessible through a side door off the kitchen. The lot can be purchased separately for $275,000… or best offer.
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