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    1466 7Th Ave Eugene, OR 97402

    Sponsored
    For Sale
    $650,000

    Restaurant/Retail Space - Prime Location

    Property size:
    2,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,000 square foot freestanding commercial building presents a rare investment opportunity in Eugene, Oregon. Situated on a 0.2-acre lot at 1466 W 7th Ave, this property enjoys a high-traffic location on a busy commercial thoroughfare, surrounded by other businesses and residential areas. Its convenient proximity to the University of Oregon (approximately 8 minutes away) makes it an ideal location for a variety of uses. The building is currently configured as a restaurant, featuring a fully equipped commercial kitchen complete with a hood system and a walk-in cooler. All existing equipment remains in place, offering immediate operational potential. The versatile space is suitable for a range of businesses, including food service establishments, bars, taverns, offices, or retail ventures. Ample on-site parking is available for customers and employees. The property's strong location and existing infrastructure provide a solid foundation for a thriving business. While photos reflect the property's appearance from a previous sale in 2021, the equipment remains intact. Serious inquiries are encouraged to schedule a viewing

    Property Features for 1466 7Th Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,000 SF
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.1151
    Latitude
    44.05195

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    FAQs

    What type of property is this?
    Commercial real estate - Restaurant/Retail Space - Prime Location
    Where is this commercial real estate located?
    The property is located at 1466 7Th Ave Eugene, OR.
    What is the asking price?
    The asking price for this property is $650,000.
    (503) 353-6673
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    1466 7Th Ave Eugene, OR 97402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1466 7Th Ave Eugene, OR 97402
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