This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
$250,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/7
Property Description
Former bank building with excellent bones and built-in security features, ideal for conversion into an OLCC-licensed cannabis dispensary or other retail use. The property was purchased with plans to become a marijuana retail outlet, and an OLCC retail license is currently active at this location (not in operation). The interior remains unfinished, providing a blank canvas for your vision-complete the buildout as a dispensary or reimagine the space for another business type. Flexible options available: purchase the property and license together, acquire just the building for alternative use, or buy the license and lease the site from the seller. Great opportunity in the heart of Oakridge for an investor or operator looking for a secure, adaptable commercial space.
Full Property Details
Full Property Details for 48257 E 1st St
General
- Price: $250,000
- Taxes: $5,391 (2025)
- Status: Active
- Type: Retail
- Source: RWMLS
- MLS ID: 732725710
- Updated: 3/18/2026
- Added to Site: 25 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Lane
- Driving Directions: From Hwy 58, turn on to !st st. Property is on the corner of E 1st St & Alder St
Community
- Community Name: 234 - Lane Co: Pleasant Hill / Oakridge
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Ductless
- Heating Fuel: None
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Square Feet: 3,279
- Current Bldg. Use: Retail
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791
- Lot Size: 3, 000 to 4, 999 SqFt
Financial Considerations
- Tax Amount: $5,391.65
- Tax Year: 2025
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: 951598
- Property ID: 951598
Listed by Keller Williams Realty (541) 608-0447, Joshua Kelleher (541) 390-5595
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 48257 E 1st St
School District:Oakridge School District 76
| Name | Grades | Distance |
|---|---|---|
Oakridge Elementary School 48119 East 1st Street, Oakridge, OR 97463 | K-6 | 0.3 mi |
Oakridge Junior High School 47997 West 1st Street, Oakridge, OR 97463 | 7-8 | 0.5 mi |
Oakridge High School 47997 West 1st Street, Oakridge, OR 97463 | 9-12 | 0.5 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 48257 E 1st St
Date
Details
Price
Change
Source
3/11/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 48257 E 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,392
3%
$327,567
3%
2024
$5,248
3%
$318,027
3%
2023
$5,095
11%
$308,765
6%
2021
$4,572
-6%
$291,041
-3%
2022
$4,885
7%
$299,772
6%
2021
$4,572
5%
$282,565
3%
2019
$4,337
5%
$274,335
3%
2018
$4,138
3%
$266,345
3%
2017
$4,031
—
$258,587
3%
2016
$4,016
2%
$251,055
3%
2015
$3,926
—
$243,743
3%
2014
$3,935
1%
$236,644
3%
2013
$3,880
—
$229,751
—
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 48257 E 1st St
48257 E 1st St, Oakridge, OR 97463 (MLS# 732725710) is a Retail property. 48257 E 1st St is currently listed for $250,000 and was received on March 11, 2026. Want to learn more about 48257 E 1st St? Do you have questions about finding other Retail real estate for sale in Oakridge? You can browse all Oakridge real estate or contact a Coldwell Banker agent to request more information.

