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    Springfield, OR
    Live - Work Space

    Springfield, OR Live-work Space for Sale

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    Eugene, OR Coburg, OR Creswell, OR Pleasant Hill, OR Harrisburg, OR Marcola, OR Dexter, OR Junction City, OR
    New Mixed-Use Property
    Updated: Jan 28, 2025
    New Mixed-Use Property

    488 Main St, Springfield, OR 97477

    $4,950,000
    13,408 sqft 0.11 AC lot
    13,408 square feet on a 0.11‑acre site at 488 Main St, Springfield, OR 97477
    12 townhouse‑style apartments positioned on the second floor
    Two retail spaces plus one live/work unit
    Completed in December 2024
    MUC zoning supports the mixed‑use configuration
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    This listing looks promising.

    Here's a quick look at some key insights for

    488 Main St, Springfield, OR 97477

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $186K
      Annual

    • Price @ 7% Cap

      $2.65M
      Suggested
    View Property Analytics
    Mixed-Use Building with Apartment
    Updated: Jul 21
    Mixed-Use Building with Apartment

    1666 Main St, Springfield, OR 97477

    $375,000
    Approximately 1,050 SF commercial building with attached 1/BD/1BA apartment
    CC zoning
    Built in 1930
    Recent roof and electrical updates
    Vacant at closing and sold AS‑IS
    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Springfield, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Purpose-Built Office Building with Apartment
    Purpose-Built Office Building with Apartment

    260 W 12th Ave, Eugene, OR 97401

    $1,395,000
    5,293 sqft

    2008-built office structure with 13 private offices, conference room, and an income-producing 3-bed, 2-bath apartment.

    View details
    213 NW Cliff St
    213 NW Cliff St

    213 Nw Cliff St, Newport, OR 97365

    $1,249,000
    9,800 sqft 0.23 AC lot

    C-2 Zoning in Nye Beach/ Newport, OR

    View details
    High-Visibility Commercial Building
    High-Visibility Commercial Building

    1112 SW Coast Highway, Newport, OR 97365

    $475,000
    1,998 sqft 0.11 AC lot

    Versatile professional building in C-1 zoning with deeded parking, offered for sale as-is.

    View details
    Freestanding Office Building with Apartment
    Freestanding Office Building with Apartment

    260 W 12th Ave, Eugene, OR 97401

    Contact for pricing
    5,293 sqft

    Freestanding office building with 12 off-street parking spaces and an attached 2nd-floor apartment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    Junction City, OR 97448

    $247,000
    0.55 AC lot

    GC-zoned commercial land with on-site utilities and multiple driveway cutouts.

    View details
    Live-Work Rural Industrial Land
    Live-Work Rural Industrial Land

    Vaughn Rd, Veneta, OR 97487

    $349,900
    4.56 AC lot

    A 4.56-acre RI-zoned lot with approved septic, a 20 gpm well, and power options for live-work development.

    View details

    Springfield, OR Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Springfield, OR on our real estate platform. These investment opportunities span a total of 13,408 square feet of properties for sale, with an estimated market value of $5,325,000.

    Sale prices for live-work properties in Springfield, OR start at $375,000, averaging $2,662,500, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 6
    Office buildings 3
    Medical Office Space 2

    Demographics Overview

    Population 77K
    Population Growth (5Y) +0.9%
    Median Household Income $71,456
    College Educated 14.8%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97477 $5M

    Taxes & Financing

    Tax Rate (average for all types) 1.74%
    Property Tax per SF $57.87 per SF
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 10,000 to 25,000 square foot range.

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