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Listing provided courtesy of EXP REALTY, LLC: 888-814-9613.

257 E 14th

Eugene, OR 97401
  • $735,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 813515
UPDATED: 83 min ago
$735,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $230
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of EXP REALTY, LLC: 888-814-9613. Listing information © 2024 Willamette Valley Multiple Listing Service



Description

Commercial General zoned opportunity. Phenomenal Business and Owner occupied potential in the Heart of Eugene. 2 Blocks from U of O campus. Currently has 2x 1Bd/1 Bt units on 2nd floor, Approximately 689 SF. Month to month agreements. 1st floor was used as a dental lab, 2 bathrooms, Kitchen Area, Office, etc. Buyer due diligence on returning it to multi living units. Currently an 7.24% cap rate for projected incomes, $1300/apartment x 2, $2,500/office space for a total of $61.2k/yr gross projected income.

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Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-05-24T11:08:59.463.
www.willamettevalleyhouses.com/homes/149637086
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257 E 14th Eugene, OR 97401

  • Price: $735,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 83 min ago
  • MLS #: 813515
0
Beds
0
Baths
0
½ Baths
0.07
Acres
3,200
SQFT
$230
$/SQFT
Neighborhood:
Os Outside 4 County Area
County:
Lane
Area:
Os Outside 4 County Area
Property Description
Commercial General zoned opportunity. Phenomenal Business and Owner occupied potential in the Heart of Eugene. 2 Blocks from U of O campus. Currently has 2x 1Bd/1 Bt units on 2nd floor, Approximately 689 SF. Month to month agreements. 1st floor was used as a dental lab, 2 bathrooms, Kitchen Area, Office, etc. Buyer due diligence on returning it to multi living units. Currently an 7.24% cap rate for projected incomes, $1300/apartment x 2, $2,500/office space for a total of $61.2k/yr gross projected income.
Exterior Features

Access Other (Refer to Remarks)Paved Approx Lot Dimensions 47 x 67 Building1 Info Office on 1st2 x 1Bd/1Bth 2nd floor Foundation Slab Frontage Feet 47 Parking Spaces 5 Railroad No Roof Other (Refer to Remarks) Siding BlockFiber CementOther (Refer to Remarks)Wood Siding Style Lap Trailer Parking No View Territorial

Interior Features

Heating Forced Air

Property Features

Assessments Or Liens No Cap Rate 7.24 Cash Flow Before Taxes 58140 Commercial Type Office Confidentiality Agreement Required No Cross Street Pearl or High st. Exclusions Tenants Personal Property Expenses Actual Or Projected Projected Garbage 660 Gross Sched Income 61200 High Speed Comm Access Present Inclusions All Built Ins and attachedNevin workstations neg Insurance 936 Net Income 53245 New Construction No Owner Managed Yes Owner Occupied No Possession COE Property Taxes 4895 Property Use Type Any Use-All the Following Sewer City Source Of Square Feet Owner Suitable For Industrial Flex SpaceOffice ShowroomResearch & Development Suitable For Office Medical OfficeOffice BuildingOffice-Business ParkOffice-R&D Tax Amount 4895 Tax Years 2023 Tenancy Multiple Terms Seller Will Consider CashConventional Water CityConnected Water Sewer 1200

© 2024 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2024 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-05-24T11:08:59.463.
 
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Young Property Group | Keller Williams Realty Mid Willamette
2125 Pacific Blvd SW
Albany OR, 97322
Listing provided courtesy of EXP REALTY, LLC: 888-814-9613. Listing information © 2024 Willamette Valley Multiple Listing Service