Dan Cook

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Listing provided courtesy of RE/MAX Integrity- MLS# 24108254MLS Provider

115 NE LOCUST STOakland, OR 97462

Commercial · 5,764 Sq. ft. | 0.23 Acres
$599,000 Active

115 NE LOCUST ST Overview

Time on Site:
804 days
Visits:
104

Own the historical crown jewel of Oakland, previous home of Tolly's Restaurant and Soda Fountain! Clientele from all over the nation have loved dining in this iconic establishment for years and years. Boasting a flexible layout, this space is perfectly suited for a variety of ventures, including a restaurant, soda shoppe, event venue, retail space, or wine tasting room in the famous Umpqua Valley wine region. With its central location and abundance of character, this property invites creativity and promises to be the cornerstone of unforgettable experiences. Great outdoor, pavered, gated courtyard with brick columns and wrought iron fencing offers opportunities for expanded seating, events or simply enhancing the overall atmosphere of the establishment.Enjoy the charm of yesteryear by owning this famous brick building, which is a county landmark! Please call for you private tour today!

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115 NE LOCUST ST Facts & Features

  • Type Commercial
  • Sq. ft. 5,764
  • Price/Sq.ft. $104
  • Lot 0.23 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1890

Business Information

  • Current Use: Food Service,Restaurant,Retail

Location/Region

  • Country: US
  • County Or Parish: Douglas
  • MLS Area Major: 256 - Douglas Co: Sutherlin/north of Roseburg

Tax Information

  • Tax Annual Amount: 3937.67
  • Tax Year: 2023

General Information

  • Inclusions: Building,Equipment,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: R32275
  • Property Condition: Approximately
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C

Interior

Building Interior

  • Building Area Total: 5764.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Other Equipment: Fixtures,Furniture
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Size Acres: 0.23
  • Lot Size Square Feet: 10018.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Built-Up

General Information

  • Road Frontage Type: 50
  • Sewer: Public Sewer

115 NE LOCUST ST Neighborhood

Community

97462 (OAKLAND) Demographics

54
Median Age
19
Population Density (per sq. mile)
28%
College Educated
$49,459
Estimated Median Income
1,241
Estimated Total Home Owners
428
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

115 NE LOCUST ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

115 NE LOCUST ST Market Data

Based on the last 30 days in this zip code

$1,404,128
Average List Price
$517
Average Price per Square Foot
4
Properties Sold
82
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

115 NE LOCUST ST History

Date Event Value Agent
1/29/2026Source: Regional MLS Price Reduction
$599,000 -14.3%
4/29/2025Source: Regional MLS Price Reduction
$699,000 -6.7%
4/17/2024Source: Regional MLS Added to Database
April 17, 2024