1255 Pearl StEugene, OR 97401
- Other commercial real estate
- 0.29 AC
Property Details for 1255 Pearl St
- Lot size
- 0.29 AC
- Zone code
- C-2-COMMUNITY COMMERCIAL
- Property type
- Other commercial real estate
- APN
- 17-03-31-41-07000-000
- APU
- 1703314107000000
Description
This exceptional investment opportunity presents two office buildings in Eugene's vibrant Midtown area, totaling 25,149 square feet on a 0.6-acre parcel. The property boasts a strategic location and offers significant upside potential. Over 12,000 square feet of readily available space is perfect for an owner-occupier seeking to expand their business or a savvy investor looking to lease to multiple tenants. The existing buildings feature recently updated HVAC systems, ensuring efficient and comfortable operation. The property includes three lots, zoned C-2, providing flexibility for future development or expansion. Ample parking is provided with 46 onsite spaces, a significant advantage in a competitive market. Detailed financial information, including a current rent roll, is available upon request, allowing prospective buyers to thoroughly assess the property's financial performance and projected returns. This is a rare chance to acquire a substantial office complex in a thriving location with immediate occupancy potential and long-term growth prospects. The combination of existing income, vacant space, and ample parking makes this a truly compelling investment opportunity. Don't miss this chance to secure a prime piece of Eugene commercial real estate.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,962,737
- Hospitality
- $2,713,852
- Educational
- $2,257,892
- Medical
- $2,335,545
- Retail
- $3,512,277
Location Insight
- City
- Eugene
- County
- Lane
- State
- Oregon
- Latitude
- 44.0459
- Longitude
- -123.089
- CBSA code
- 21660
- CBSA name
- EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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