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Property profile & analytics

774 Main St Springfield, OR 97477-5473

  • Commercial real estate
  • 0.27 lot acres
OFF-MARKET
Last Sale
Nov 16, 2020
$600,000
Value Estimations
$600,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US71-0605728
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Subway / Sandwich Shop / Caterer

Property Details for 774 Main St

Lot size
0.27 lot acres
Zone code
MUC-MIXED USE COMMERCIAL
Property type
Commercial real estate
APN
17-03-35-42-05400-000
APU
1703354205400000

Description

This exceptional commercial property, located at 774 Main Street in the vibrant heart of Springfield, Oregon, presents a unique investment opportunity. Boasting 1,770 square feet of space, this building is ideally situated within Springfield's bustling dining district. The expansive interior features impressive 12-foot walls, providing a sense of spaciousness and versatility. A significant advantage is the inclusion of 13 dedicated parking spaces, a rare find in this desirable downtown area, with potential for expansion. The layout is thoughtfully designed, with approximately 1,060 square feet dedicated to dining/counter space, complemented by a well-equipped kitchen, ample storage, and convenient facilities totaling approximately 710 square feet. The property also benefits from a newer roof, installed in 2019, ensuring long-term structural integrity. A ready-to-go drive-through option adds significant flexibility, potentially serving as an outdoor dining area or additional parking. Two universal restrooms cater to diverse needs. This property is perfectly suited for a variety of culinary ventures, from a sophisticated restaurant to a lively bar, offering endless possibilities for a discerning entrepreneur. The 0.28-acre lot provides ample space. The owner is motivated to sell but will consider a lease with an option to purchase. This is a truly exceptional opportunity to establish a thriving business in a prime Springfield location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $760,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Lane
State
Oregon
Longitude
-123.016
Latitude
44.0464
CBSA code
21660
CBSA name
EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,267
$0.00
$0.00
$232,845
-
$172,792
$473,012
$645,804
More about this property
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