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686 E Broadway
Eugene, OR 97401

Development Opportunity or Restaurant Site · Retail Property For Sale

Investment Highlights

  • Prime development or restaurant opportunity
  • Located in the heart of the University of Oregon district
  • Previous QSR restaurant with drive-thru capabilities
  • High traffic signalized corner
  • Heavy foot traffic
  • Current use is a brewery/restaurant

Executive Summary

Prime Development Opportunity or Ideal Restaurant Site in Eugene, Oregon!
Located at 686 E Broadway, this property offers an excellent opportunity for either development or as a prime restaurant site. It is situated conveniently near the University of Oregon campus. The spacious building is 5,716 square feet and is located on a sizable 0.45-acre lot of C-2 zoned land with lots of potential.
Formerly a quick-serve restaurant with drive-thru capabilities, this property offers versatile possibilities under its C-2 zoning. Up to 120 feet of vertical development is allowed, and no setback requirements are needed. Whether you envision student housing, retail, office space, or a mixed-use development, this property can accommodate various commercial endeavors.
Currently operating as a seated brewery, the building features an expansive commercial kitchen, a complete bar, abundant indoor and outdoor seating, a commercial hood, a sizable walk-in cooler, and extensive prep and sanitation areas. With a capacity for over 100 indoor diners and an extra 20 outdoor patrons, ample parking is also available.
Positioned in a high-traffic, signalized corner location, this property enjoys maximum visibility and foot traffic, making it an ideal spot for attracting patrons. Don't miss out on this rare opportunity to secure a prime location in the heart of Eugene's university district.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,716 SF
Building Class
C
Year Built
1983
Price
$2,600,000
Price Per SF
$455
Tenancy
Single
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.45 AC
Zoning
C-2 - Community Commercial - zoning allows for commercial uses, including but not limited to student housing, retail, office, and mixed-use development
Parking
30 Spaces (5.25 Spaces per 1,000 SF Leased)
Frontage
50 FT on Broadway Ave

Amenities

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Dedicated Turn Lane
  • Mezzanine
  • Pylon Sign
  • Restaurant
  • Signalized Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Listing ID: 31752618

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 686 E Broadway, Eugene, OR 97401

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