Price cut $6K
$259,000
1/52 BD · 1 BA · 1,094 SF · 0.12 AC
47947 W Commercial Street
Oakridge, OR 97463
#220224486 01 / 07
Pending
$250,000
48257 E 1st Street
Oakridge, OR 97463 · N/A
- Baths
- 0
- Acres
- 0.11
- Built
- 1947
Est. $1,807/mo~98 min to downtown Bend (approx.)
Listing by Keller Williams Realty Southern Oregon · 541-608-0447
MLS# 220216769 · Pending
01
About this home
Seller will carry with 30% down. 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.
02
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03
Price history
211 days, no changes| Date | Event | Price |
|---|---|---|
| Mar 9, 2026 | Listed for sale | $250,000 |
From the MLS: original list price and latest price change. 211 days on market.
04
Drive times
~98 min to downtown Bend- Mt. Bachelor~69 min · 54.1 mi
- Sunriver Village~85 min · 67.3 mi
- Sisters~95 min · 76.4 mi
- Old Mill District~97 min · 78.7 mi
- Downtown Bend~98 min · 79.1 mi
- St. Charles Bend~102 min · 82.4 mi
- Redmond Airport (RDM)~117 min · 96 mi
- Smith Rock State Park~124 min · 101.7 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1947- Year built
- 1947
- Stories
- 1
- Lot
- 0.11 AC · 4,792 SF
- HOA
- None reported
- Taxes
- $5,392/yr
- Subdivision
- N/A
- County
- Lane
- Days on market
- 211
- MLS #
- 220216769
- Flooring
- Tile
- Heating
- Ductless
- Cooling
- Central Air
- Parking
- Parking Lot · On Street
- Lot
- Corner Lot
- Roof
- Membrane
06
Location & schools
N/A43.7481° N · 122.4595° W
Directions07
Monthly payment
$1,807/mo$1,807/mo
$200,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $1,264
- Property tax (listing)
- $449
- Home insurance (est.)
- $94
20% · $50,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220224486Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 1:01 PM.
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