Property profile

177 Q St Springfield, OR 97477

OFF-MARKET
Retail properties & Spaces
4,225 SF Built 1997
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1997
Total area 4,225 SF

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
  • Loan Service
  • Bank Credit Union
  • Atm Crypto Atm

Location

177 Q St Springfield, OR 97477
Springfield metro
Google Maps

Value estimations

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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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