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Historic Queen Anne Office Building
For Sale
$1,199,000

412 E 13TH Ave, Eugene, OR 97401

CommercialSale, Eugene, OR

Property Size3,380 SF
Lot Size0.17 Acres
Price / SF$354.73
Days on Market479

Property Features for 412 E 13TH Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
View City
Directions E. 13th to Address
Subdivision _243
Standard status Active
APN 0285435
Size 3,380 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description To be provided by escrow
Tax Annual Amount 8728
Legal Description To be provided by escrow

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1910
Floors in Building 2
Building materials WoodFrame
Roof type Composition
Listing Agency: Windermere RE Lane County · Windermere Real Estate
Listed By: Kristena Cox
Added: Jun 19, 2025 Changed: Sep 30 Last Checked: Oct 10 at 8:06AM
MLS# 657802417

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,380-square-foot office property occupies a 0.17-acre corner lot and features a Queen Anne Victorian design dating to 1910. The interior includes 6+ private offices, a full basement, and an unfinished attic, with original architectural details retained through a historic renovation. Wood-frame construction, composition roofing, forced-air heating, and window-unit cooling are in place.

The property is listed on the Oregon Cultural Resource Registry and has a documented transition from residential to commercial occupancy in 1994. C-2 zoning is compatible with office and retail uses. Located at 412 E 13TH Ave in Eugene, the building offers a distinctive historic setting for commercial occupancy while maintaining updated electrical, heating, and plumbing systems.

Key Highlights

  • 3,380‑square‑foot office property on a 0.17‑acre corner lot
  • Queen Anne Victorian building constructed in 1910
  • 6+ private offices plus a full basement and unfinished attic

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 (±1% cap)
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 (±1% cap)
NOI $71,386 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Kitchen & Bath Showroom Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,468
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - C-2 zoning supports office and retail uses in a 1910 wood-frame property.
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‑square‑foot office property on a 0.17‑acre corner lot; Queen Anne Victorian building constructed in 1910; 6+ private offices plus a full basement and unfinished attic
More about this property
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