5Th Ave Eugene, OR 97401
- Land
Current Use by Public Records
- Land
Property Details for 0 5Th Ave
- Property type
- Land
Description
This exceptional 14,810 square foot commercial land parcel presents a unique ground lease opportunity in Eugene's burgeoning River District. Located on Mill Street, this property (APN 17-03-32-22-02400) is zoned S-DR (Downtown Riverfront Special Area), ideal for retail development. Utilities including water, sewer, electric, natural gas, and fiber connections are readily available at the curb. The site benefits from its strategic location adjacent to 617 planned residential units, the scenic Downtown Riverfront Park, and the popular Ruth Bascom Bike Path. This prime location offers unparalleled access to the Willamette River, a key attraction for residents and visitors alike. The River District's vibrant atmosphere, coupled with the influx of new residents from the nearby housing development, creates a strong foundation for a thriving retail business. This is a rare chance to be part of Eugene's most exciting and rapidly developing area, capitalizing on the significant growth and potential of this dynamic riverfront location. The property's direct river access and proximity to amenities make it an exceptional investment opportunity for forward-thinking developers seeking to establish a presence in a thriving, amenity-rich neighborhood. This is a truly remarkable opportunity to establish a retail presence in a rapidly growing and highly desirable area of Eugene.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eugene
- County
- Lane
- State
- Oregon
- Longitude
- -123.087
- Latitude
- 44.0543
