305 & 309 N Main Street, Toledo, OR

$650,000

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3

Beds

Baths

7,100

Square feet

0.11

Acres

About 305 & 309 N Main Street

Discover the perfect investment opportunity that truly has it all! This Main Street property seamlessly blends artistic charm with practicality, offering a unique combination of retail and residential spaces. Currently leased by a local artist, showcasing an impressive collection of art from Oregon Coast artists.Vibrant and dynamic, this retail space adds character and creativity to the heart of Main Street. Two spacious apartments on the second floor, each approximately 800 sq ft.Both units are currently rented on a month-to-month basis, providing flexibility for new owners.Off-street parking ensures convenience for tenants. Basement area includes additional revenue streams with 14 storage units, rented at $50 per month each. Ample storage space for tenants and the opportunityfor additional income. Unveiling a hidden secret within this Main Street property is the allure of a SoHo-inspired upper apartment that which feels like modern urban living. Boasting 1875 sq ft of sophisticated design, complemented by an additional 1875 sq ft studio space, this unique offering is a rare find in Toledo. This penthouse is not just a residence; it's a lifestyle statement. Revel in the extraordinary fusion of on site living and artistic freedom. Seize the opportunity to own a property that offers both a distinctive living space and a rare live/work setup. Don't miss the chance to own a property that effortlessly combines creativity, functionality, and financial stability. Schedule a viewing today and explore the potential of this Main Street gem!

Features of 305 & 309 N Main Street

MLS® # 23-2235
Price $650,000
Bedrooms 3
Bathrooms 4.50
Square Footage 7,100
Acres 0.11
Year Built 1908
Type Commercial
Status Closed
Sold Price $450,000
Sold Date April 10th, 2024

Community Information

Address 305 & 309 N Main Street
Area Toledo
Subdivision Toledo 4th Addition
City Toledo
County Lincoln
State OR
Zip Code 97391

Amenities

Parking Spaces 3
Garages None
View Slough
Is Waterfront No
Waterfront None

Interior

Interior Features Dishwasher, Refrigerator
Heating Forced Air, Furnace, Gas
Has Basement Yes

Additional Information

Date Listed December 10th, 2023
Zoning C - Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentDeanna Christine Watkins
OfficeWindermere West Coast Properties

Listing Map

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