1533 Market StSpringfield, OR 97477
- Commercial real estate
- 0.98 AC
Property Details for 1533 Market St
- Lot size
- 0.98 AC
- Zone code
- LD-LOW DENSITY RES
- Property type
- Commercial real estate
- APN
- 17-03-25-33-08400-000
- APU
- 1703253308400000
Description
This exceptional 0.98-acre property in Springfield, Oregon, features a 14,295 square foot building, originally constructed in 1954. Currently zoned R-1 (Low Density Residential), this versatile site presents a unique opportunity for either an owner-user or redevelopment into residential units. The single-story structure offers significant potential for adaptive reuse or demolition to make way for new construction. Its central location provides convenient access to downtown Springfield, the University of Oregon, and downtown Eugene, making it an attractive proposition for a variety of uses. The property's address is 1533 Market St, Springfield, OR 97477, and its Lane County APN is 1703253308400. The asking price is $1,600,000, translating to $111.93 per square foot. Additional seller terms apply. Interested parties should review supplemental information available online.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $10,012,373
- Hospitality
- $9,171,280
- Educational
- $7,630,397
- Medical
- $7,892,818
- Retail
- $11,869,507
Location Insight
- City
- Springfield
- County
- Lane
- State
- Oregon
- Latitude
- 44.0587
- Longitude
- -123.003
- CBSA code
- 21660
- CBSA name
- EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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