177 Q St, Springfield, OR 97477
This exceptional investment opportunity presents a 4,225 square foot retail building situated on a sizable 18,297 square foot lot in Springfield, Oregon. The property boasts two separately leased retail spaces occupied by Little and ACE Checks Cashed, operating under triple net leases. The building, constructed in 1997, features a convenient drive-up window and prominent monument signage, enhancing visibility and accessibility. Ample parking is available, with 15 spaces in front and additional parking located at the rear of the property. The property is zoned C-2 (Community Commercial), providing flexibility for future uses. The asking price for this well-located, income-producing asset is $1,500,000. This is a rare chance to acquire a stable, net-leased investment in a thriving Oregon community. The property's two units offer a diversified tenant base, minimizing risk and maximizing return. The substantial lot size provides ample room for expansion or future development. This turnkey investment is ready for immediate income generation. The property address is 177 Q St, Springfield, OR 97477. The property's APN is 17-03-26-31-02107.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.