0 8Th Ave Eugene, OR 97401
This prominent four-story, 102,000 square foot Class B office building, located at 190 West 8th Avenue in Eugene, Oregon, presents a unique investment or leasing opportunity. Originally constructed in 1954 and extensively renovated in 1993, the building sits on a 1.18-acre lot and is zoned C-3 (Major Commercial) in Lane County. The property boasts 60 on-site parking spaces (located on tax lot 6900) and includes elevators. Historically occupied by notable tenants such as Symantec, Enterprise Rent-A-Car, Harry and David, and ISTE, the building currently houses the City of Eugene Public Works. The building offers multiple tenancy options and is a rare find in Eugene's market, providing substantial space (over 20,000 square feet) that is difficult to replicate due to the lack of new office construction. This presents a compelling opportunity for businesses seeking ample office space at below-market rates, or for investors seeking a property priced significantly below replacement cost. The building's central downtown Eugene location provides excellent accessibility and visibility. This is a substantial commercial property with a rich history and significant potential.
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
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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.