1152 Main St - Hospitality FOR SALE


Springfield, OR 97477- Outer Eugene
$3,250,000 USD
503-314-0527
1152 Main St, Springfield, OR for Sale
$3,250,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

1152 Main St
Springfield, OR 97477
Outer Eugene


HIGHLIGHTS

  • 13,617 SF building with 25 keys and a one-bedroom managers apartment
  • Built in 1985, renovated in 2023
  • Zoned CC for versatile use
  • Ideal location in Eugene Springfield MSA
  • Modern amenities and attractive ambiance
  • Very well-maintained

OVERVIEW

The property is a compelling investment opportunity boasting a 13,617 SF building with 25 keys and a one bedroom managers apartment; this well maintained asset is primed for success. The building was renovated in 2023 and offers modern amenities and a desirable ambiance. Zoned CC, it presents versatile potential for a variety of uses. The property performs well as is but there is significant room for growth, making this an attractive prospect for hospitality and limited-service investor/operators seeking a lucrative venture with ample potential. Located in the vibrant Eugene-Springfield Metropolitan Statistical Area, the property at 1152 Main St, Springfield, OR, 97477, offers an enticing investment opportunity for hospitality investors. With close proximity to the dynamic downtown area, tenants can enjoy convenient access to a plethora of dining, shopping, and entertainment options. The region is also graced with picturesque outdoor spaces, such as the beautiful Willamette River and the serene Dorris Ranch. Additionally, the area hosts a robust business community with prominent employers and a strong talent pool. With its strategic location, proximity to the University of Oregon campus, and thriving surroundings, this property presents an exceptional investment prospect in the heart of the Eugene-Springfield MSA.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$239 USD /SF

# OF ROOMS

25

PRICE/ROOM

$130,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regency Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,302 SF

ZONING

CC

APN/PARCEL ID

0316792

ASK ABOUT THIS PROPERTY

Skip RotticciMacadam Forbes, Inc.More Info
503-314-0527

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

Skip RotticciMacadam Forbes, Inc.More Info
503-314-0527

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