1492 Pearl St - Office/Residential FOR SALE


Eugene, OR 97401- West University
$579,000 USD
541-501-8319
1492 Pearl St, Eugene, OR for Sale
$579,000 USD
Office/Residential - FOR SALE
1/45
null | Request Cap Rate

1492 Pearl St
Eugene, OR 97401
West University


HIGHLIGHTS

  • Flexible C2 Zoning, high traffic road, 3 units, multi use, central location, newly renovated upper apartment, successful business renting lower level

OVERVIEW

BOM NO FAULT OF HOME, BUYER FINANCING FELL THROUGH. This charming vintage craftsman has the perfect blend of location, zoning and updates that combine for a wide variety of creative uses. Flexible C2 zoning allows for a wide range of commercial uses & live-work opportunities (short or long term rental, multifamily?) Located just a block from The Midtown Luxury Condos, & very close to downtown Eugene, University of Oregon, YMCA, South Amazon running trail – truly a prime location near thriving businesses, restaurants, homes & apartments. It’s on a bus line along busy Pearl St, and merely two blocks to bustling Willamette St. Currently configured as 3 units: The lower level has an established salon tenant that rents two units (business is not for sale, only the building). Upper level is a bright 2 BR, 1 BA apartment just renovated. Apartment has a full kitchen with tile counters, newer appliances, new flooring throughout, skylights, walk in shower, laundry hookups, a sweet place! Commercial spaces below feature a covered front porch, wood floors, kitchen, 1.5 baths, lots of windows, good flow. Off-street and on-street parking. Property has tons of updates! New roof, paint, updated electric, automatic sprinklers, newer sewer line & clean-out, many new windows, newer appliances, flooring, more. PLEASE DO NOT DISTURB TENANTS, CALL YOUR REALTOR FOR SHOWINGS. 24 HR NOTICE MINIMUM REQUIRED COULD BE LONGER AS THERE ARE MULTIPLE TENANTS.

FOR SALE DETAILS

PRICE

$579,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,008 SF

ZONING

C-2 Community Commercial

APN/PARCEL ID

0275576

ASK ABOUT THIS PROPERTY

Koalani RobertsWindermere Real Estate Lane CountyMore Info
541-501-8319

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Koalani RobertsWindermere Real Estate Lane CountyMore Info
541-501-8319

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