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960/970 & 990 W 7th Avenue 3 Properties Offered at $1,145,000 in Eugene, OR
Investment Highlights
- Conveniently located next to restaurants, apartments, and other businesses. Total of half an acre right in the heart of Eugene.
Executive Summary
2 Lots with three C2 commercial buildings totaling .5 acres in Downtown Eugene Oregon. They can be sold together or separate.
990 W 7th Ave. is a beautifully updated craftsman building, conveniently located in the Jefferson Westside/Whiteaker neighborhood surrounded by restaurants, apartments, and other businesses. Lots of restored original woodworking and lighting throughout. This 3288 sq ft house on .25 acres has 18 parking spots and an ADA ramp to the main level and ADA bathroom. New HVAC system installed in 2025. Bright windows and tall ceilings make it ideal for a business. Previously a counseling office. Priced at $590,000.
970 W 7th Ave. and 960 W 7th Ave. is situated in another .25 acres with 13 parking spaces. 970 W 7th Ave is a 3088 sq ft office building with two floors and a basement. The basement has its own entrance and can be completely separated from the main floor by a door and a staircase. It had been a separate rental at one point in time. 960 W 7th Ave is the Barber Shop, 450 sq ft, which has been operating for over 17 years and a Eugene favorite. Rent is $800/month. This property has lots of cash flow opportunities and is priced at $555,000.
990 W 7th Ave. is a beautifully updated craftsman building, conveniently located in the Jefferson Westside/Whiteaker neighborhood surrounded by restaurants, apartments, and other businesses. Lots of restored original woodworking and lighting throughout. This 3288 sq ft house on .25 acres has 18 parking spots and an ADA ramp to the main level and ADA bathroom. New HVAC system installed in 2025. Bright windows and tall ceilings make it ideal for a business. Previously a counseling office. Priced at $590,000.
970 W 7th Ave. and 960 W 7th Ave. is situated in another .25 acres with 13 parking spaces. 970 W 7th Ave is a 3088 sq ft office building with two floors and a basement. The basement has its own entrance and can be completely separated from the main floor by a door and a staircase. It had been a separate rental at one point in time. 960 W 7th Ave is the Barber Shop, 450 sq ft, which has been operating for over 17 years and a Eugene favorite. Rent is $800/month. This property has lots of cash flow opportunities and is priced at $555,000.
Taxes & Operating Expenses (Pro Forma - 2026) |
Annual |
|---|---|
| Gross Rental Income |
$73,000
|
| Other Income |
-
|
| Vacancy Loss |
$5,000
|
| Effective Gross Income |
$68,000
|
| Taxes |
$5,000
|
| Operating Expenses |
$3,000
|
| Total Expenses |
$8,000
|
| Net Operating Income |
$60,000
|
Taxes & Operating Expenses (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $73,000 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | $5,000 |
| Effective Gross Income | |
|---|---|
| Annual | $68,000 |
| Taxes | |
|---|---|
| Annual | $5,000 |
| Operating Expenses | |
|---|---|
| Annual | $3,000 |
| Total Expenses | |
|---|---|
| Annual | $8,000 |
| Net Operating Income | |
|---|---|
| Annual | $60,000 |
Property Facts
| Price | $1,145,000 | Status | Active |
| Price / SF | $247.41 / SF | Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 2 |
| Cap Rate | 5.24% | Total Building Size | 4,628 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.54 AC |
| Price | $1,145,000 |
| Price / SF | $247.41 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.24% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 2 |
| Total Building Size | 4,628 SF |
| Total Land Area | 0.54 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 990 W 7th Ave, Eugene, OR 97402 | Office | 2,370 SF | 1913 | $590,000 |
| 970 W 7th Ave, Eugene, OR 97402 | Office | 1,858 SF | 1917 | $555,000 |
| 960 W 7th Ave, Eugene, OR 97402 | Retail | 400 SF | - | - |
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960/970 & 990 W 7th Avenue
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