642 Lincoln St - Office/Residential FOR SALE


Eugene, OR 97401- Downtown Eugene
$549,000 USD
541-521-5203
642 Lincoln St, Eugene, OR for Sale
$549,000 USD
Office/Residential - FOR SALE
1/6
null | Request Cap Rate

NEW


642 Lincoln St
Eugene, OR 97401
Downtown Eugene


OVERVIEW

Immaculate Craftsman Office • 2,384 SF on three levels • 2,135 SF lot (Plus four dedicated parking spaces) • 7 private offices, 2 bathrooms & laundry • Updated electrical plumbing, HVAC and roof • $549,000 IMPROVEMENT: This immaculately maintained craftsman was originally constructed in 1925. It features 2384 square feet across three floors: • 1ST FLOOR: 936 square feet featuring three private offices and bathroom • 2ND FLOOR: 512 square feet with two additional offices and bathroom • BASEMENT: 936 square feet with two finished offices and an unfinished laundry/storage area The building has been under the same ownership for the past 21 years. It was most recently used to house a collection of health and beauty spa tenants each operating out of their own rooms. Future options are endless: professional offices, salon, chiropractic, massage, physical therapy, etc. The owners have taken exceptional care of the building and have installed the following improvements: • Modernized electrical service throughout • Updated plumbing service throughout • Newer roof and gutters • New furnace and heat pump installed in April 2025 • Video surveillance • Exterior updates including: a back deck, new curved entry, updated lighting, monument signage, mature landscaping with automatic sprinkler system. LOCATION: Located on the west side of downtown on the corner of Lincoln Street and West 6th Alley. The building sits on a quiet block with similar bungalow office building neighbors. A permanent easement provides vehicular access to the rear of the building from both 6th Alley and Lincoln Street with 4 designated parking spaces. There are also numerous on-street unmetered parking spaces. ADJACENT LOTS: Also for sale separately, is a vacant lot, consisting of approximately 16,000 square feet directly behind the building. It is also zoned C-2 and is currently being used as a parking lot with tenants paying monthly for spaces. Call for details.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C-2

APN/PARCEL ID

0259992

ASK ABOUT THIS PROPERTY

David HollandEvans, Elder, Brown, & Seubert Inc.More Info
541-521-5203

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David HollandEvans, Elder, Brown, & Seubert Inc.More Info
541-521-5203

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