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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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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3,200SQFT
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$230$/SQFT
School Ratings & Info
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.
© 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: 2024-09-09T10:08:44.287.