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Property profile & analytics
OFF-MARKET
Office Spaces

0 8Th Ave Eugene, OR 97401

102,000 SF Built 1954
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1954
Total area 102,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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