1740 W 18th Ave - Office FOR SALE


Eugene, OR 97402- Far West
$1,700,000 USD
541-345-4860
1740 W 18th Ave, Eugene, OR for Sale
$1,700,000 USD
Office - FOR SALE
1/9
null | 6.63% Cap Rate

NEW


1740 W 18th Ave
Eugene, OR 97402
Far West


OVERVIEW

Situated near the intersection of Chambers Street and W 18th Avenue, this property offers excellent visibility along one of Eugene’s key East–West corridors. Located just minutes from Downtown, the University of Oregon, and South Eugene, the site benefits from strong traffic counts and convenient access to Highway 99 and I-105. The property consists of three buildings totaling 9,275 square feet. Two of the buildings are fully leased to long term tenants. The third building has a tenant occupying 1,092 square feet with another 2,654 square feet available. PROPERTY SUMMARY 1740 WEST 18TH AVE • Approximately 4,554 square feet, built in 1980 • Two Trane HVAC Units service the building • PVC membrane roof • Leased by Rainbow Optics through June of 2028 1744 WEST 18TH AVE • Approximately 975 square feet, built in 1995 • One Goodman Air Handler & Heat Pump services the building • Shingle 3-tab roof • Leased by Rob Olive Jr., State Farm Insurance through December of 2028 1748 WEST 18th AVE • Approximately 3,746 square feet, built in 1980 • PVC membrane roof 1748 SUITES A&B • 2,654 square feet • Two Trane HVAC Units service Suites A & B • Available for new tenant 1748 SUITE C • 1,092 square feet • A Lennox Package Unit services Suite C • Suite C is leased to Shirk Chiropractic IMPROVEMENTS COMPLETED SINCE 2021 • Updated exterior lighting to LED • Repaired or replaced gutters and downspouts on all three buildings • Landscaping throughout the property including new planter beds, plants, drip lines, borders, drainage and round rock • Replacement of all concrete curbing in main parking lot • Full seal coat and re-stripe of the parking lot • New illuminated sign at 18th Street entrance • Cleaned and re-stained exterior of 1744 W 18th building in 2022 • Repainted exterior of 1748 W 18th building in 2024 • Repainted exterior of 1740 W 18th building in 2025

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$359 USD /SF

CAP RATE

6.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1740 - 1748 W 18th Ave.

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C-1

APN/PARCEL ID

18-04-01-21-00300

ASK ABOUT THIS PROPERTY

Lilly StormentEvans, Elder, Brown, & Seubert Inc.More Info
541-345-4860

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Lilly StormentEvans, Elder, Brown, & Seubert Inc.More Info
541-345-4860

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