244 39th St, Springfield, OR 97478-5746
This exceptional Springfield industrial property boasts a 4,800 square foot building situated on a fully fenced 0.56-acre lot. Previously utilized as a boat sales and supply store and currently operating as a motorcycle repair shop, this versatile space offers significant potential for a variety of businesses. The main shop area features 3-phase power and two convenient roll-up doors—one measuring approximately 16' x 12' and the other 10' x 9'—leading to a secure rear yard ideal for equipment storage or outdoor operations. Adding to its functionality, the property includes approximately 2,500 square feet of mezzanine storage space, not included in the main floor square footage, providing ample room for inventory or additional workspace. The front area of the building offers the possibility of retail or showroom space, enhancing its adaptability. The fully fenced lot ensures security and provides ample space for outdoor storage, making this a truly comprehensive and attractive industrial property. Priced at $555,000, this property presents a compelling opportunity for entrepreneurs and investors alike. The combination of versatile space, secure outdoor area, and convenient location makes this an exceptional investment.
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R Repair & Construction Inc (Bike/Boat/Book/etc) Store
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The Boat Doc Llc (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LMI-LIGHT MEDIUM INDUST · Springfield, ORSpringfield. Always verify with local authorities before improvements.
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.