Listing provided courtesy of United Real Estate PropertiesMLS# 754714687MLS ProviderContact Information: [email protected]
  • 55 days on site
  • 7 views

This versatile 4,196 sq. ft. multi-use property in historic downtown Creswell offers a unique investment opportunity with solid income from an occupied 3-bedroom, 1-bath apartment and approximately 2,640 sq. ft. of shell space ready for your vision. Featuring a newer roof and zoned for downtown commercial use'with potential conversion to residential per city guidelines'this space is perfect for investors or owner-operators looking to capitalize on Creswell's charm and growth. Formally the Historic Creswell Theater, this property combines character with flexibility in a prime location. Apartment is currently rented for $1895 a month.

Source: Regional MLS, MLS#: 754714687

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  • Property Type
    Commercial Sale
  • Lot
    0.11 acres

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  • Median Age
    41
  • Population Density
    124
  • College Educated
    40%
  • Estimated Median Income
    $62,845
  • Estimated Total Home Owners
    2,846
  • Estimated Total Renters
    912
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    3
  • Total Population
    9,987
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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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.

Life at 187 W OREGON AVE


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
5/9/2026Source: Regional MLS Status Change
Pending
5/5/2026Source: Regional MLS Added to Database
May 05, 2026