3445 1St AveEugene, OR 97402

Property Details for 3445 1St Ave

Lot size

7.22 AC

Zone code

I-3-HEAVY INDUSTRIAL

Property type

Industrial properties

APN

17-04-27-00-00500-000

APU

1704270000500000

Description

This exceptional 72,760-square-foot industrial property, situated on 7.22 acres of I-3 zoned land in West Eugene, Oregon, presents a compelling investment opportunity. The site boasts a prime location with convenient access to Beltline Highway, I-5, and Highway 99 North, ensuring efficient freight transportation. The property includes a 49,500-square-foot concrete tilt-up warehouse (175' x 275'), a 25' x 200' covered loading area, and a 20,500-square-foot pre-engineered annex for covered storage. The main warehouse features 20' wide x 14' high ground-level loading doors, and both the warehouse and 2,760-square-foot office space have operational fire sprinkler systems. Ceiling heights range from 17' to 20'. The property also benefits from a functional solar panel farm on the main warehouse roof, connected to the Eugene Water and Electric grid for power generation and sale of excess energy. The site is completely paved and securely fenced. An underground storage tank was removed in 1996, with a "No Further Action" letter issued by the Department of Environmental Quality (DEQ) in 1998. The main warehouse floor slabs are in remarkably good condition. While the office area is dated, minimal remodeling could restore it to excellent condition. Rail spur access is available. The asking price is $9,095,000.

• Alternative Use

  Use

  Valuation

  Residential

  $59,402,936

  Hospitality

  $54,412,768

  Educational

  $45,270,784

  Medical

  $46,827,716

  Retail

  $70,421,224

Location Insight

City

Eugene

County

Lane

State

Oregon

Latitude

44.0597

Longitude

-123.149

CBSA code

21660

CBSA name

EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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