Date
Details
Price
Change
Source
2/02/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/39
$325,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 229 N 1st St
General
- Price: $325,000
- Taxes: $3,191 (2025)
- Status: Active
- Type: Office
- Source: RWMLS
- MLS ID: 221296253
- Updated: 2/2/2026
- Added to Site: 5 day(s) ago
Additional Information
- Equipment: Smoke Detector
Parking
- Parking Features: On Site, Paved
Location
- County: Douglas
- Driving Directions: I-5 Exit #162 to Drain to corner of 1st and West C Street.
Community
- Community Name: 265 - Douglas Co: North Douglas County
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Block, T-111 Siding
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 3,490
- Current Bldg. Use: Office
- Year Built: 1948
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: 7, 000 to 9, 999 SqFt
- Frontage: Paved
Financial Considerations
- Tax Amount: $3,191.88
- Tax Year: 2025
- Terms: Cash, Rehab
Disclosures and Reports
- Documents Avail.: Brochure, Plot - Plat Map
- Legal Description: 22-05W-17AB-04600
- Property ID: R21147
Listed by All-Pro Realty Advisors, LLC (541) 696-1600, Melony Marsh (541) 580-1600
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Listing agent
— 229 N 1st St —
Melony Marsh
All-Pro Realty Advisors, LLC
541-696-1600
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 229 N 1st St
School District:North Douglas School District 22
| Name | Grades | Distance |
|---|---|---|
North Douglas Elementary School 100 North School Street, Drain, OR 97435 | K-8 | 0.3 mi |
North Douglas High School 305 South Main Street, Drain, OR 97435 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 229 N 1st St
Tax History
Tax History for 229 N 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,091
3%
$260,403
3%
2023
$3,007
3%
$252,819
16%
2022
$2,919
20%
$218,005
—
2021
$2,429
—
$218,005
—
2019
$2,426
-8%
$218,005
-8%
2018
$2,647
14%
$237,625
9%
2017
$2,332
—
$218,005
—
2016
$2,331
—
$218,005
—
2015
$2,329
13%
$218,005
13%
2014
$2,067
-11%
$192,256
-12%
2013
$2,332
—
$218,005
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 229 N 1st St
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- 2Total Baths
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Sold by Hybrid Real Estate, Dana Bankus
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Sold by Yoss Team RE Professionals, Sherry Yoss
Sold by Yoss Team RE Professionals, Sherry Yoss
229 N First St, Drain, OR 97435 (MLS# 221296253) is a Office property. 229 N First St is currently listed for $325,000 and was received on February 02, 2026. Want to learn more about 229 N First St? Do you have questions about finding other Office real estate for sale in Drain? You can browse all Drain real estate or contact a Coldwell Banker agent to request more information.