Property profile

281 8Th Ave Eugene, OR 97401

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This unique 934-square-foot live/work space at 281 West 8th Avenue in Eugene, Oregon, presents a fantastic opportunity. Located in Lane County (zip code 97401), this single-tenant property is zoned C-2, Community Commercial, offering flexibility for a variety of businesses. The layout features an open concept design with high ceilings, encompassing 556 square feet on the first floor and 378 square feet on the second floor loft area. The ground floor boasts an open work area, perfect for a small business, complemented by a full kitchen and a bathroom with a shower. A convenient washer/dryer is also included. The property includes two dedicated parking spaces within an attached garage, a significant advantage in a downtown location. While offering commercial space, it's important to note that this live/work unit cannot be used solely for residential purposes. The monthly rent is $1,585. This property is ideal for entrepreneurs seeking a blend of professional and residential living in a vibrant urban setting. The property's address is 281 W 8th Ave, Eugene, OR 97401.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company

Location

281 8Th Ave Eugene, OR 97401
Eugene metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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