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55 W 5th Ave

7,173 SF Vacant Retail Building Eugene, OR 97401 $1,795,000 ($250/SF)

Executive Summary

The 55 on Fifth is Eugene's newest urban redevelopment project that is now available for sale. Prominently located in Eugene's Market District and has room for 26 onsite parking spaces. Building is in shell condition with fully permitted plans for ground floor commercial and second floor office. Electrical equipment for new 1,200 amp service is included at the asking price. Zoning allows for a wide range of uses including retail, medical, professional services and residential. Endless amount of opportunity.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,173 SF
Year Built/Renovated
1940/2023
Price
$1,795,000
Price Per SF
$250
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Opportunity Zone
Yes
Zoning
Commercial - Commercial. Allows retail, medical, professional housing and high density residential.
Frontage
75 FT on 5th Ave
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Banner Bank
Dutch Bros
Umpqua Bank
Starbucks
Five Guys
The Old Spaghetti Factory
Heritage Bank
Chase
Wells Fargo
U.S. Bank
  • Listing ID: 29931290

  • Date on Market: 10/31/2023

  • Last Updated:

  • Address: 55 W 5th Ave, Eugene, OR 97401

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