229 N FIRST ST, Drain, OR 97435 | MLS #221296253

Listing provided courtesy of All-Pro Realty Advisors, LLCMLS# 221296253

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.

Source: Regional MLS, MLS#: 221296253

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Property Type

Commercial Sale
Lot

0.20 acres

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Median Age

50
Population Density

22
College Educated

21%
Estimated Median Income

$54,583
Estimated Total Home Owners

710
Estimated Total Renters

224
Owner / Renter Divide

76% / 24%
Estimated Average Household Size

2
Total Population

2,170
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* 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.

Life at 229 N FIRST ST

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
4/29/2026Source: Regional MLS	Price Reduction	$272,000 -16.3%
2/2/2026Source: Regional MLS	Added to Database	February 02, 2026