1245-1255 Pearl St Eugene, OR 97401
This exceptional investment opportunity presents two professional office buildings situated in the vibrant Midtown Eugene area at 1245-1255 Pearl Street. The property boasts a total of 25,149 square feet, with 11,862 square feet currently available for lease or immediate occupancy. The buildings are situated on three tax lots encompassing 0.60 acres of land, providing ample space and potential for future development. Benefitting from over 175 feet of high-visibility frontage along Pearl Street, this property enjoys excellent exposure and accessibility. The property features 46 on-site parking spaces for tenants and visitors. Recent significant improvements include extensive HVAC system replacements completed in 2023 and 2024, ensuring efficient and comfortable climate control. The property is zoned C-2, offering flexibility for a variety of uses. Detailed financial information, including the rent roll, is available upon request. This is a rare opportunity to acquire a well-maintained, strategically located office complex in a thriving Oregon market. The asking price is $4,395,000. The property consists of two stories and offers a range of suite sizes from 6,698 to 18,451 square feet, making it suitable for a variety of business needs.
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.