Eugene, OR Commercial Real Estate Redevelopment Opportunity

This listing presents a significant commercial real estate (CRE) redevelopment opportunity located in Eugene, Oregon. The property features a 14,000 square foot building situated on a 0.99-acre lot, offering substantial potential for development. Currently zoned as Warehouse / Showroom space, it is ideally positioned in an affluent area of Lane County for transformation into a mixed-use retail and residential complex, such as apartments or condominiums. The asking price is $4,000,000, with a Net Operating Income (NOI) of $65,000 and Gross Revenue of $76,000. The building was constructed in 1958 and includes $1,000,000 worth of Furniture, Fixtures, and Equipment (FFE).