651-655 W 7th Ave - Storefront FOR SALE


Eugene, OR 97402- Whiteaker
$999,300 USD
541-915-6009
651-655 W 7th Ave, Eugene, OR for Sale
$999,300 USD
Storefront - FOR SALE
1/3
null | 7% Cap Rate

651-655 W 7th Ave
Eugene, OR 97402
Whiteaker


HIGHLIGHTS

  • Fully remodeled in 2023 – new roof, siding, HVAC, electrical, and plumbing
  • Long-term medical tenant (Community Medical Services) on a 10.5-year lease
  • $999,300 sale price / 7.0% cap rate – strong income-producing investment
  • High visibility location on W. 7th Avenue with 35,000+ vehicles per day
  • On-site parking spaces with easy access to I-105 and downtown Eugene
  • 4,680 SF stand-alone retail/office building on 0.25 acres (C-2 zoning)

OVERVIEW

REDUCED PRICE! Newly remodeled retail/office investment property with a long-term medical tenant in place. The 4,680 SF stand-alone building was fully renovated in 2023, including a complete office build-out with new roof, siding, HVAC, lighting, plumbing, and electrical systems. The tenant, Community Medical Services, occupies the property under a 10-year, 6-month lease with two five-year renewal options. Centrally located along W. 7th Avenue, the site offers high visibility with traffic counts exceeding 35,000 vehicles per day, easy access to I-105, and 16 on-site parking spaces. Priced at $999,300 with a 7.0% cap rate, this turn-key asset presents a stable, low-maintenance investment in the heart of Eugene’s growing commercial corridor.

FOR SALE DETAILS

PRICE

$999,300 USD

PRICE/SF

$214 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Renovated Medical Office Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C-2

APN/PARCEL ID

0264604

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 Notice.