354 6Th AveEugene, OR 97401

Property Details for 354 6Th Ave

Lot size

0.22 AC

Zone code

C-2-COMMUNITY COMMERCIAL

Property type

Commercial real estate

APN

17-03-31-12-11400-000

APU

1703311211400000

Description

This exceptional owner-user opportunity presents a charming vintage office building ideally situated on West 6th Avenue in Eugene, Oregon. The property, built in 1912, boasts approximately 3,409 square feet across three levels, offering a unique blend of historical character and modern functionality. The main level encompasses roughly 1,381 square feet, featuring a full kitchen, spacious open area, two private offices, and a restroom. The second floor provides approximately 1,068 square feet with three private offices, a laundry room, and a full bathroom including a shower. A fully finished basement adds another 960 square feet, perfect for storage or additional workspace. The 0.22-acre lot provides ample space, including fenced, secure parking for approximately ten vehicles. This prime location on West 6th Avenue, a high-traffic thoroughfare with over 21,000 cars daily, offers excellent visibility and easy access to Downtown Eugene, the Whiteaker District, West Eugene, the River District Development, and I-105. The property is zoned C-2 (Community Commercial), providing flexibility for various business uses. The asking price is $600,000. This is a rare opportunity to own a unique and well-located commercial property in a thriving Eugene neighborhood. The property's APN is 17-03-31-12-11400.

• CAP approach

  CAP return

  Valuation

  6%

  $2,225,460

  6.5%

  $2,054,270

  7%

  $1,907,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,455,450

  Geo Method

  $2,455,450

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,902,180

  Retail / Commercial

  $2,028,860

  Mixed-Use / Specialty

  $2,043,560

  Hospitality / Lodging

  $1,527,860

  Office

  $2,054,270

  Institutional / Educational

  $2,132,320

  Residential Income

  $2,494,820

  Multifamily

  $2,870,520

  Automotive / Energy

  $1,827,710

  Parking / Income-Based Land

  $609,044

  Restaurant / Food Service

  $1,109,700

  Healthcare / Senior Housing

  $2,073,140

Location Insight

City

Eugene

County

Lane

State

Oregon

Latitude

44.0529

Longitude

-123.098

CBSA code

21660

CBSA name

EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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