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    250 68Th St Springfield, OR 97478

    Sponsored
    For Sale
    $1,599,000

    Adult Foster Home & Residence

    Property size:
    7,586 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional Springfield property offers a unique blend of commercial and residential spaces. Currently operating as a Level 3 Adult Foster Home, the 7,586 square foot building features a 5,000 square foot care facility with nine bedrooms, eight bathrooms, a spacious common area, laundry/utility room, medical room/office, and a large kitchen with pantry. The attached private residence boasts over 2,600 square feet of living space, including four bedrooms and three bathrooms. A stunning remodeled kitchen, a primary suite with bathroom, two walk-in closets, and a private balcony are highlights of the residence. Upstairs, a large 20x23 bonus room and a third-floor bedroom with its own private balcony offer additional space. The .56-acre lot is beautifully landscaped with covered decks, paved walkways, a gazebo, and mature plantings. A large hot tub is situated in a separate pool house. Ample parking is available. The property's versatile design and prime location present numerous possibilities for future use. This is an incredible opportunity with significant potential. The outdoor features are conveniently accessible from both the residence and the commercial facility.

    Property Features for 250 68Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,586 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    Shalem Cottage Cottage

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Daycare Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Lane
    State
    Oregon
    Longitude
    -122.9072
    Latitude
    44.04692

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    FAQs

    What type of property is this?
    Commercial real estate - Adult Foster Home & Residence
    Where is this commercial real estate located?
    The property is located at 250 68Th St Springfield, OR.
    What is the asking price?
    The asking price for this property is $1,599,000.
    (541) 579-5674
    Request Owner's contact information
    250 68Th St Springfield, OR 97478
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    Springfield, OR 97478
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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
    250 68Th St Springfield, OR 97478
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