Drain, OR 97435 · Douglas County
3,490
Sq Ft
1948
Built
0.2 ac
Lot
$93
$/Sq Ft
Great opportunity for office/retail use ideally located on a corner lot with lots of onsite parking, drive-up window. Upstairs has break room with refrigerator, restroom, and lots of storage. Former bank building in the heart of Drain's business district.
Property Type
Commercial Sale
Year Built
1948
Stories
2
Living Area
3,490 sq ft
Lot Size
0.2 acres
Zoning
C
Days on Market
39
MLS® Listing#
221296253
Annual Taxes
$3,192 (2025)
Parcel: R21147
229 N FIRST ST
Drain, OR 97435
Douglas County
Directions
I-5 Exit #162 to Drain to corner of 1st and West C Street.
Last Updated: 2026-02-02
Equal Housing Opportunity. All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.
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Drain, OR market overview
Median Price
$269,000
+21% vs areaAvg Days on Market
94
-59% vs areaActive Listings
13
13.0 mo. supplyMarket statistics compiled from data from RMLS Oregon.