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Executive Summary

This versatile 4,350 sq. ft. multi-use property in historic downtown Creswell offers a unique investment opportunity with solid income from an occupied 3-bedroom, 1-bath apartment and approximately 2,640 sq. ft. of shell space ready for your vision. Featuring a newer roof and zoned for downtown commercial use—with potential conversion to residential per city guidelines—this space is perfect for investors or owner-operators looking to capitalize on Creswell’s charm and growth. Formally the Historic Creswell Theater, this property combines character with flexibility in a prime location. Apartment is currently rented for $1895 a month. According to the city of Creswell this building can be converted to multi family residential.

Property Facts

Price $510,806 CAD
Price Per SF $117.43 CAD
Sale Type Investment or Owner User
Sale Condition Building in Shell Condition
Property Type
Flex
  • General Retail Convenience Store
  • General Retail Storefront Retail/Residential
  • OfficeLoft Creative Space
Rentable Building Area 4,350 SF
No. Stories 2
Year Built 1920
Zoning Downtown Commercial
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0835692
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$173,764 CAD
  • Listing ID: 40408178

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 187 W Oregon Ave, Creswell, OR 97426

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