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$375,000

  • Sold
  • Sold
  • Business
  • Updated 1 hour ago
See This Home
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This versatile 4,196 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.

Full Property Details for 187 W Oregon Ave

General

  • Sold For: $375,000
  • Taxes: $1,864 (2025)
  • Status: Sold
  • Type: Business
  • Source: RWMLS
  • MLS ID: 754714687
  • Added to Site: 70 day(s) ago

Location

  • County: Lane
  • Driving Directions: I-5, west on Oregon Ave

Community

  • Community Name: 235 - Lane Co: South Lane Properties

Heating & Cooling

  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Flat
  • Ceiling Height: 20
  • Stories/Levels: 2
  • Square Feet: 4,196
  • Current Bldg. Use: Multi Family
  • Year Built: 1920
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $5,690
  • Tax Amount: $1,864.92
  • Tax Year: 2025
  • Terms: Cash, Other

Disclosures and Reports

  • Documents Avail.: Leases, Rent Records, Tax Information
  • Property ID: 835692

Listed and Sold by United Real Estate Properties (541) 525-9060, Robert Olsen (541) 501-3939

Listing agent

— 187 W Oregon Ave —

  • Robert Olsen

    United Real Estate Properties

    541-525-9060

simon@urepro.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 187 W Oregon Ave

School District:Creswell School District 40
NameGradesDistance
Creslane Elementary School
996 West A Street, Creswell, OR 97426
K-50.5 mi
Creswell Middle School
655 West Oregon Avenue, Creswell, OR 97426
6-80.3 mi
Creswell High School
33390 Niblock Lane, Creswell, OR 97426
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 187 W Oregon Ave

Date
Details
Price
Change
Source
7/13/2026
Sold
$375,000
—
MLS
5/05/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by United Real Estate Properties (541) 525-9060, Robert Olsen (541) 501-3939

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74225 London Rd, Cottage Grove, OR 97424 - Photo 1 Just Listed
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Price Reduced near 187 W Oregon Ave

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702 Benjamin Ave, Cottage Grove, OR 97424 - Photo 1 Price Reduced
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Recent Sales near 187 W Oregon Ave

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213 F St, Creswell, OR 97426 - Photo 1 Sold
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300 S 7th St  Creswell, OR 97426

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Listed by eXp Realty LLC, Genevieve Partsch
Sold by Keller Williams The Cooley Real Estate Group, Lindsey Gray

187 W Oregon Ave, Creswell, OR 97426 (MLS# 754714687) is a Business property that was sold at $375,000 on July 13, 2026. Want to learn more about 187 W Oregon Ave? Do you have questions about finding other Business real estate for sale in Creswell? You can browse all Creswell real estate or contact a Coldwell Banker agent to request more information.