107 E 3rd St - Freestanding FOR SALE


Lowell, OR 97452
$375,000 USD
541-915-6009
107 E 3rd St, Lowell, OR for Sale
$375,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

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107 E 3rd St
Lowell, OR 97452


HIGHLIGHTS

  • Allowed Use: Multifamily residential (up to 8 units)
  • Allowed Use: Adaptive reuse for office, retail, or studio
  • Allowed Use: Owner-occupant opportunity
  • Utilities: Connected to city infrastructure including fiber internet service
  • Location: Walkable downtown core, near schools, parks, and Dexter Reservoir/Willamette River

OVERVIEW

VERSATILE PROPERTY IN THE HEART OF LOWELL OPPORTUNITY FOR INVESTORS, DEVELOPERS, OR OWNER/USER Located within Lowell’s downtown district, this 0.41-acre property offers flexible potential for a variety of uses—whether you're an investor seeking multifamily income, a developer looking for a centrally located development site, or an owner-user ready to repurpose an existing building. The property includes a 3,694 sq. ft. structure (built circa 1970), formerly used as City Hall and the public library. The site is zoned DRA – Downtown Residential Attached, allowing for up to 8 multifamily residential units or adaptive reuse for office, studio, community services, or live/work purposes. LOWELL, OREGON Located just 25 miles from Eugene, Lowell offers small-town charm with easy access to urban amenities. The town is known for its proximity to outdoor recreation— Willamette River, Dexter Lake, Fall Creek, and miles of hiking trails—as well as its growing appeal to remote workers, retirees, and families looking for a more affordable lifestyle. THIS OPPORTUNITY IS IDEAL FOR: Developers seeking a redevelopment opportunity in an established community Investors looking for income-producing multifamily potential Owner-users in need of flexible office or studio space Civic or nonprofit groups seeking a walkable downtown location Visionaries who want to create something meaningful in a connected, small-town setting

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Versatile Property - Redevelop or Owner-User

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

DRA

APN/PARCEL ID

1772548

ASK ABOUT THIS PROPERTY

Suzanne KintzleyCampbell Commercial Real EstateMore Info
541-915-6009

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Suzanne KintzleyCampbell Commercial Real EstateMore Info
541-915-6009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.