1279 35Th StSpringfield, OR 97478

  • Other commercial real estate
  • 0.17 AC
For Sale
$800,000 View listing

Property Details for 1279 35Th St

Lot size
0.17 AC
Zone code
NC-NEIGHBORHOOD COMM
Property type
Other commercial real estate
APN
17-02-30-43-00902-000
APU
1702304300902000

Description

This exceptional commercial investment property in Springfield, Oregon, presents a rare opportunity to acquire a thriving business and rental income streams. Located at 1279 35TH St Unit 1279, the property boasts a total area of 2,426 square feet situated on a 0.17-acre lot. The main component is a well-established convenience store, currently operating and included in the sale price along with its existing inventory. Adding to the investment potential are two on-site apartments generating consistent rental income. One apartment commands a monthly rent of $1500, while the other brings in $700 per month. The property benefits from its prime location, experiencing a steady flow of vehicular and pedestrian traffic, ensuring high visibility and accessibility for the convenience store. This turnkey operation offers immediate income generation and significant potential for future growth and expansion. The asking price for this exceptional package is $800,000. Serious inquiries only. Please respect the privacy of tenants and staff

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,736,785
    Hospitality
    $1,590,886
    Educational
    $1,323,598
    Medical
    $1,369,119
    Retail
    $2,058,931
1279 35Th St, Springfield, Oregon

Location Insight

City
Springfield
County
Lane
State
Oregon
Latitude
44.0571
Longitude
-122.976
CBSA code
21660
CBSA name
EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,735
-
-
$94,657
-
$94,056
$261,539
$355,595

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