55 W 5th Ave
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55 W 5th Ave
9,538 SF 25% Leased Retail Building Eugene, OR 97401 $1,795,000 ($188/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
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,538 SF
Building Class
B
Year Built/Renovated
1940/2023
Price
$1,795,000
Price Per SF
$188
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.38 AC
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0258879 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $599,982 |
PROPERTY TAXES
Parcel Number
0258879
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$599,982
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55 W 5th Ave
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