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    OFF-MARKET
    Commercial real estate

    250 68Th St, Springfield, OR 97478

    7,586 SF 0.56 ac lot Built 1994
    Property ID
    US71-1823347
    Property summary
    AI-generated overview

    This exceptional Springfield property offers a unique blend of commercial and residential spaces. Currently operating as a Level 3 Adult Foster Home, the 7,586 square foot building features a 5,000 square foot care facility with nine bedrooms, eight bathrooms, a spacious common area, laundry/utility room, medical room/office, and a large kitchen with pantry. The attached private residence boasts over 2,600 square feet of living space, including four bedrooms and three bathrooms. A stunning remodeled kitchen, a primary suite with bathroom, two walk-in closets, and a private balcony are highlights of the residence. Upstairs, a large 20x23 bonus room and a third-floor bedroom with its own private balcony offer additional space. The .56-acre lot is beautifully landscaped with covered decks, paved walkways, a gazebo, and mature plantings. A large hot tub is situated in a separate pool house. Ample parking is available. The property's versatile design and prime location present numerous possibilities for future use. This is an incredible opportunity with significant potential. The outdoor features are conveniently accessible from both the residence and the commercial facility.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1994
    Total area 7,586 SF
    Lot 0.56 ac (24,394 SF)
    UPID US71-1823347
    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
    Current use
    Occupant on record · Public records
    • Shalem Cottage Vacation Rental
    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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