Retail

Springfield, OR Retail Space for Sale

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Eugene, OR Coburg, OR Creswell, OR Pleasant Hill, OR Harrisburg, OR Marcola, OR Junction City, OR Cottage Grove, OR
New Mixed-Use Development
Updated: Jan 28, 2025
New Mixed-Use Development

488 Main ST, Springfield, OR 97477

$4,950,000
New mixed‑use development completed December 2024 (YearBuilt: 2024)
12 townhouse‑style apartments on the second floor
Includes two retail spaces plus one live/work unit
10‑year property tax freeze on apartments (excludes commercial units)
Seller will lease back any apartment unit not leased by closing; lease‑up has just begun
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Retail Building
Multi-Tenant Retail Building

Cottage Grove, OR 97424

$450,000

Fully occupied retail building with five separate tenant entrances, shared amenities, and on-site parking along Highway 99.

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Strip Mall with Separate Tenant Entrances
Strip Mall with Separate Tenant Entrances

330 S Hwy 99 #5, Cottage Grove, OR 97424

$450,000

Fully occupied strip mall with five local businesses, separate tenant entrances, shared amenities, and ample on-site parking.

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Mixed Office and Retail Building
Mixed Office and Retail Building

28-30 E Broadway, Eugene, OR 97401

Contact for pricing
24,761 sqft

Two-level building includes elevator-served second floor and ground-floor office and retail tenants.

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Multi-Tenant Retail and Warehouse
Multi-Tenant Retail and Warehouse

806 Charnelton St, Eugene, OR 97401

Contact for pricing
0.55 AC lot

Multi-tenant retail building and warehouse on 0.55 acres, offering existing income generation for purchase.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Springfield, OR

Consider similar Off-Market properties in Springfield, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

177 Q St
Individual retail properties

177 Q St, Springfield, OR 97477

Value Estimation by Request
4,225 sqft
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Springfield, OR Retail Space Market Trends and Statistics

Explore 2 retail space for sale in Springfield, OR on our real estate platform.

Sale prices for retail space in Springfield, OR average $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 3
Shopping centers 2

Demographics Overview

Population 77K
Population Growth (5Y) +0.9%
Median Household Income $71,456
College Educated 14.8%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97477 $5M

Taxes & Financing

Tax Rate (average for all types) 1.74%
Property Tax per SF $57.87 per SF
Tax Rate vs County Average 0.26 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lane County

New Delisted

Total CRE Inventory on Market (SF)

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