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 |
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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 |
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Area | Toledo |
Subdivision | Toledo 4th Addition |
City | Toledo |
County | Lincoln |
State | OR |
Zip Code | 97391 |
Amenities
Parking Spaces | 3 |
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Garages | None |
View | Slough |
Is Waterfront | No |
Waterfront | None |
Interior
Interior Features | Dishwasher, Refrigerator |
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Heating | Forced Air, Furnace, Gas |
Has Basement | Yes |
Additional Information
Date Listed | December 10th, 2023 |
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Zoning | C - Commercial |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Deanna Christine Watkins |
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Office | Windermere West Coast Properties |