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1492 Pearl St
Eugene, OR 97401
Office Property For Sale
Investment Highlights
- Flexible C2 Zoning, high traffic road, 3 units, multi use, central location, newly renovated upper apartment, successful business renting lower level
Executive Summary
This charming vintage craftsman has flexible C2 zoning allowing for a variety of commercial uses & mixed live-work opportunities. Fantastic mid-city location! Just a block from The Midtown Luxury Condos, close to downtown Eugene, University of Oregon, YMCA, South Amazon running trail – truly a prime spot near thriving businesses, restaurants, homes & apartments. Corner lot with super curb appeal, on a bus line along Pearl St, high traffic count. UPPER LEVEL APARTMENT is a bright 2 BR, 1 BA, newly renovated. Includes a full kitchen with tile counters, newer appliances, washer/dryer, new flooring throughout, skylights, walk in shower, a sweet place! 2 COMMERCIAL SPACES BELOW feature a covered front porch, wood floors, kitchen, 1.5 baths, lots of windows, good flow. Currently both spaces rented by one tenant as a salon business. Off-street parking (3 spaces) and ample on-street parking. Property has tons of updates! Newer roof, interior paint, updated electric, 2 water heaters, automatic sprinklers, newer sewer line, newer appliances, flooring, more. Tenants pay own electricity (3 meters), owner pays water (1 meter). Business is not for sale, only the property. PLEASE DO NOT DISTURB TENANT AND BUSINESS, CALL YOUR REALTOR FOR SHOWING APPOINTMENT.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,084 SF
Building Class
B
Year Built
1920
Price
$539,000
Price Per SF
$258.64
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,042 SF
Building FAR
0.52
Lot Size
0.09 AC
Zoning
C-2 Community Commercial - Flexible C2 zoning allows for a wide range of commercial uses & live-work opportunities (lower level commercial, upper level residential).
Parking
3 Spaces (1.44 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Skylights
Property Taxes
| Parcel Number | 0275576 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $258,096 |
Property Taxes
Parcel Number
0275576
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$258,096
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