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Listed by Better Homes and Gardens Real Estate Equinox • 541-729-2141
$2,000,000
Est. payment /mo
Price Dropped by $250K
792 W 7TH AVE Eugene, OR 97402
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UPDATED:
12/22/2024 01:40 AM
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24496205
Year Built 1920
Annual Tax Amount $1,403
Tax Year 2024
Property Description
Incredible Redevelopment Opportunity in Downtown Eugene! This rare 30,000+ sq ft, five-parcel project zoned C-2 is now available for the first time in many years. The long-time owner is ready to move on, presenting a prime opportunity for redevelopment in one of Eugene's most dynamic and high-traffic areas. Located between downtown Eugene and the vibrant Whiteaker Neighborhood, this property offers unparalleled potential. While the existing structures hold little value, the real opportunity lies in redeveloping this space for a wide array of commercial uses. The C-2 zoning is highly flexible, allowing for numerous possibilities including:** Mixed-use developments combining retail, office, and residential spaces.** Retail centers catering to local businesses, cafes, and boutiques.** Office complexes to accommodate the growing demand for business hubs in the area.** Restaurants or breweries taking advantage of the proximity to the Whiteaker Neighborhood's thriving food and beverage scene.** Hospitality projects to serve Eugene's growing tourism and business visitors.** Cultural or entertainment venues, benefiting from the site's easy access to major transportation arteries and the freeway. Situated on one of Eugene's largest arterial streets and with easy freeway access, this property offers a prime location for a forward-thinking development that will reshape the local landscape. Whether you're a developer looking to create a landmark project or a business seeking high visibility, this location provides unmatched potential. Don't miss out on this rare opportunity to invest in a key location in one of Oregon's most vibrant cities!
Location
State OR
County Lane
Area _245
Zoning C-2
Interior
Heating Other
Cooling None
Exterior
View City
Roof Type Composition,Shingle
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash
Listing Terms Cash