Historic Queen Anne Office
For Sale
$1,199,000
412 E 13th Ave, Eugene, OR 97401
C-2 zoning supports a range of commercial uses, including offices and retail.
Property Size3,380 SF
Price / SF$354.73
Days on Market78
Property Features for 412 E 13th Ave
General Information
Standard status
Active
Size
3,380 SF
Building Details
Year Built
1910
Listing Agency:
Windermere RE Lane County
Listed By:
Kristena Cox
(541) 465-8108
Source:
Switzerrealestategroup
Added: Aug 3
Changed: Oct 10
Last Checked: Oct 7 at 2:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere RE Lane County
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Investment Insights
Based on property information with market context.
This 3,380 sf office building occupies a prominent corner lot and combines historic character with updated building systems. Constructed in 1910 in the Queen Anne style, the property includes 6+ private offices, a full basement, and an attic. Original architectural details include vertical grain fir siding and interior trim, while the interior features large rooms, distinctive wallpaper, painted accents, and custom draperies.
The property is listed on the Oregon Cultural Resource Registry and underwent a legal occupancy change from residential to commercial zoning in 1994. Electrical, heating, and plumbing systems have been updated. C-2 zoning accommodates a broad range of commercial uses, including office and retail applications. The building previously housed Soft Horizons Fibre for nearly 30 years.
The property is listed on the Oregon Cultural Resource Registry and underwent a legal occupancy change from residential to commercial zoning in 1994. Electrical, heating, and plumbing systems have been updated. C-2 zoning accommodates a broad range of commercial uses, including office and retail applications. The building previously housed Soft Horizons Fibre for nearly 30 years.
Key Highlights
- 3,380 sf Queen Anne office building constructed in 1910
- 6+ private offices with a full basement and attic
- C‑2 zoning supports office and retail uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,714
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,034,280
$1.0M
Cap Rate 7%
$738,771
$738.8K
Cap Rate 9%
$574,600
$574.6K
Market Conditions
NOI Build-Up for 3,380 SF
Gross rent
$81.1K $24.00/SF
− Vacancy
−$12.2K −$3.60/SF
EGI
$69.0K $20.40/SF
− OpEx
−$17.2K −$5.10/SF
NOI
$51.7K $15.30/SF
Area
Eugene, OR
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,034,280
Cap Rate 7%
$738,771
Cap Rate 9%
$574,600
Alternative Uses
Best Use
Office B
$738.8K
$646.4K – $861.9K
NOI $51,714 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$892.3K – $1.19M
NOI $71,386 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5,468
Businesses Nearby
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Business Placement
Demographics for 97401, OR
45,634
Population
24,220
Households
1.9
Avg Household Size
32
Median Age
47%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
4,907
Density / Sq Mi
$51,244
Median Household Income
$26,604
Median Earnings
$1,318
Median Rent
$472,200
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - C-2 zoning supports a range of commercial uses, including offices and retail.
Where is this office building located?
The property is located at 412 E 13th Ave Eugene, OR.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 3,380 sf Queen Anne office building constructed in 1910; 6+ private offices with a full basement and attic; C‑2 zoning supports office and retail uses
