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 Dexter, OR Marcola, OR Junction City, OR
Mixed-Use Building with Retail
Updated: Jan 28, 2025
Mixed-Use Building with Retail

488 Main St, Springfield, OR 97477

$4,950,000
13,408 sqft 0.11 AC lot
13,408‑square‑foot mixed‑use property completed in December 2024
12 townhouse‑style apartments located on the second floor
Two retail spaces plus one live/work unit
0.11‑acre site at 488 Main St, Springfield, OR 97477
MUC zoning designation
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Mixed-Use Property with Apartments
Updated: Jul 12
Mixed-Use Property with Apartments

488 Main St, Springfield, OR 97477

$4,950,000
13,408 sqft
13,408‑square‑foot mixed‑use property completed in December 2024
12 townhouse‑style apartments on the second floor
Two retail spaces included in the commercial component
One live/work unit
10‑year property tax freeze applies to apartments and excludes commercial units
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Freestanding Office Building with Apartment
Freestanding Office Building with Apartment

260 W 12th Ave, Eugene, OR 97401

$1,395,000
5,293 sqft

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

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Craftsman Mixed-Use Property
Craftsman Mixed-Use Property

1492 Pearl St, Eugene, OR 97401

$539,000
2,084 sqft

C2 zoning supports commercial and live-work uses, with an upstairs renovated apartment and two lower-level commercial areas.

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Corner Auto Shop
Corner Auto Shop

86065 TERRITORIAL Hwy, Veneta, OR 97487

$249,000
2,800 sqft

The building includes dual RC/RR2 zoning, a bathroom, and a separate office or storage room.

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Corner Auto Shop Building
Corner Auto Shop Building

86065 Territorial Hwy, Veneta, OR 97487

$249,000
2,800 sqft

Former automotive service property with a bathroom, separate office or storage room, and dual RC/RR2 zoning.

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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

$226,000
0.55 AC lot

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

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Industrial Land with Well
Industrial Land with Well

Vaughn Rd, Veneta, OR 97487

$349,900
4.56 AC lot

RI-zoned parcel with an approved septic system and available power connections.

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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 26,816 square feet of properties for sale, with an estimated market value of $9,900,000.

Sale prices for live-work properties in Springfield, OR average $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 3
Medical Office Space 2
Office buildings 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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