5047 Main St, Springfield, OR 97478-6065
This exceptional 3,534 square foot commercial property, located at 5047 Main Street in Springfield, Oregon, presents a unique opportunity for an automotive-related business. Boasting a highly desirable corner location with 110 feet of Main Street frontage, this building benefits from exceptional visibility and high traffic counts, averaging 23,300 vehicles per day. Previously utilized as a tire and muffler shop, the property is ideally suited for a similar operation, offering a truly turnkey solution. The building features five convenient roll-up doors, each equipped with a lift, providing ample space and functionality for various automotive services. The 0.29-acre lot provides ample parking on two sides, along with additional fenced yard space behind the building, offering flexibility for storage or expansion. The asking price is $545,000, and there's an option to purchase existing equipment, making this a truly comprehensive and attractive investment. This prime commercial space offers a rare combination of location, size, and functionality, making it an ideal opportunity for a discerning buyer seeking a well-established and easily operational business. The property's high visibility and convenient location ensure strong potential for success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CC-COMMUNITY COMMERCIAL · 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.