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    315 Broadway Eugene, OR 97401

    Sponsored
    For Sale
    $1,550,000

    Two buildings, 10 tenants, ample parking

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity in downtown Eugene, Oregon, presents two fully leased office buildings totaling 7,591 square feet (per county records), situated on a 0.38-acre lot. The property includes on-site parking and a separate 0.15-acre gated and lit parking lot with approximately 19 spaces, offering potential for additional income generation through charged parking or alternative development. Currently housing ten tenants under month-to-month gross leases, this property offers flexibility for an owner-user to occupy space or maintain the existing investment. The buildings have undergone improvements and remodeling over the years. Located in the desirable Westside neighborhood, this property enjoys convenient access to downtown amenities, restaurants, and public transportation. The property is zoned S-DW Downtown Westside Special Area. The asking price is $1,550,000. This is a multi-tenant commercial property suitable for medical or traditional office use.

    Property Features for 315 Broadway

    General Information

    Property type
    Medical offices
    Lot Size
    16,553 SF

    Building Details

    Stories
    2

    HighLights

    • 7,591 SF office building (county records), comprised of two combined buildings, extensively renovated.
    • 0.15‑acre parking lot at 320 W 8th Avenue, gated and lit, with approximately 19 spaces currently used for tenant and client parking.
    • Ten (10) month‑to‑month tenants.
    • Potential for additional income through paid parking or redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kimberly D. Bronz, ... Psychologist OsteoStrong Eugene Gym Inspired to Connect Life Coach Rank & Karnes Law ... Bankruptcy Attorney Rocco's Remedy Medical Office

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Hair Salon Clothing Store Nail Salon Spa & Massage Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eugene
    County
    Lane
    State
    Oregon
    Longitude
    -123.097638
    Latitude
    44.0501547

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    FAQs

    What type of property is this?
    Medical office - Two buildings, 10 tenants, ample parking
    Where is this medical office located?
    The property is located at 315 Broadway Eugene, OR.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 7,591 SF office building (county records), comprised of two combined buildings, extensively renovated.; 0.15-acre parking lot at 320 W 8th Avenue, gated and lit, with approximately 19 spaces currently used for tenant and client parking.; Ten (10) month-to-month tenants.
    Request Owner's contact information
    315 Broadway Eugene, OR 97401
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    Eugene, OR 97401
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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
    315 Broadway Eugene, OR 97401
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