For Sale
$1,795,000

55 5Th AveEugene, OR 97401

Downtown Eugene, 7,173 sq ft, Huge Potential

Overview

Added:
Feb 3
Days on market:
66
This exceptional 7,173 square foot commercial property, situated at 55 W 5th Ave in Eugene, Oregon's vibrant Market District, presents a remarkable investment opportunity. The building, part of Eugene's newest urban redevelopment project, is currently in shell condition, offering a blank canvas for a wide array of commercial ventures. Fully permitted plans are in place for ground floor commercial space and a second-floor office area, providing a solid foundation for immediate development. The property boasts a sizable 0.39-acre lot with room for 26 on-site parking spaces, a significant advantage in a bustling urban setting. Included in the asking price of $1,795,000 is the electrical equipment for a new 1,200-amp service, ensuring ample power for any tenant's needs. The flexible zoning allows for diverse uses, including medical offices, retail establishments, professional services, and even residential options, maximizing the potential for a strong return on investment. This prime location and versatile zoning make this property an ideal choice for entrepreneurs and investors seeking a high-impact commercial space in a thriving Oregon city. The opportunity to shape this space into a thriving business hub is unparalleled. Don't miss this chance to be a part of Eugene's exciting urban revitalization.

Property Details for 55 5Th Ave

Property type
Square Feet
7,173 SF
Year Built
1954
Lot Size (sq. ft)
16,988 SF

Location Insight

City
Eugene
County
Lane
State
Oregon
Latitude
44.05457
Longitude
-123.0934
55 5Th Ave, Eugene, Oregon

FAQs

What type of property is this?
Commercial real estate - Downtown Eugene, 7,173 sq ft, Huge Potential
Where is the commercial real estate located?
The property is located at 55 5Th Ave Eugene, OR.
What is the asking price?
The asking price for this property is $1,795,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
55 5Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message