FOR SALE Rare Mid-Town Location

Transcription

1 FOR SALE Rare Mid-Town Location 1590 Willamette Street, Eugene Oregon

2 1590 WILLAMETTE STREET 2

3 Rare Mid-Town Location Address 1590 Willamette Street Eugene, Oregon This Building is located on a high traffic corner in the Mid-Town corridor across from The Bier Stein, Newman s Market and Mac s Restaurant (which is located in the Veteran s Building). This Mid-town location is a highly desirable area located between Downtown Eugene and the South Eugene corridor at 29th & Willamette Streets. Details SITE SIZE... 21,852 total (16,952 useable) sq. ft. BUILDING SIZE... 14,255 sq. ft. YEAR BUILT MOST RECENT RENOVATION ZONED... C-2 (Community Commercial) PRICE: $ 2,700,000 Stephanie Seubert stephanie@eebcre.com (541) WILLAMETTE STREET 3

4 Building Description The building consists of a total of 14,255 square feet and was originally built in 1965 and has been extensively remodeled several times with the most recent renovation in The building is a two-story, split-level concrete block structure, which is fully ADA Accessible, including a three-stop elevator. The lower level of the property is approximately 4 feet below street grade and the upper level is approximately 6 feet above street grade. The entire building is sprinkled and has exposed beams and ductwork throughout giving it a very modern feel. The lower level contains two larger studio spaces, one office, two multi-stall, ADA restrooms adjacent to locker rooms, one ADA shower, storage area and a large mechanical room which houses HVAC equipment. The upper level consists of 15 private offices, conference areas, storage space, restrooms, workroom/break area and additional studio space.. Lower Level Two large studio spaces which can be divided into 4 separate spaces Small office Two multi-stall ADA restrooms Locker room area ADA shower Mechanical room / HVAC equipment Storage area HVAC The HVAC system consist of a mixture of new and old roof-mounted units. More detailed information available upon request. Zoning The property is zoned C-2 (Community Commercial) which allows for a variety of commercial uses. Roof The roof is a flat, built-up membrane roof which was replaced in Upper Level 15 private offices Large conference room Storage areas Two multi-stall ADA restrooms Breakroom area / work room area Additional studio 1590 WILLAMETTE STREET 4

5 First Floor Plan 12 * sqft 8 *12 96 sqft B C 12 * sqft Mechanical 25 * sqft 10.5 * sqft D A 12.5 * sqft 1590 WILLAMETTE STREET 5

6 Second Floor Plan 10 * sqft 9 *10 90 sqft 14 * sqft Studio 5 35 * sqft 13 * sqft 14 * sqft 9 * sqft 10 *8 80 sqft 9 *9 80 sqft 10 * sqft 14 * sqft 11 *9 100 sqft 22 0 * sqft 12 *9 110 sqft Conference 10 * sqft Work 9 9 * sqft 9 6 * sqft 8 9 * sqft 13 0 * sqft 7 9 * sqft 9 9 * sqft 9 0 * sqft 9 0 * sqft 9 0 * sqft 9 0 * sqft 1590 WILLAMETTE STREET 6

7 Site Description This property consists of one map & tax lot # listed below: consisting of.5 acres or 21,852 total (16,952 useable) square feet Property Taxes The 2017 Real Property Taxes were $ as the majority of tenants in the building are tax exempt entities. Parking There are 20 striped parking spaces on-site plus one additional space where the trash receptacles are located. The on-site parking does not currently satisfy the City of Eugene land use code for the existing special use, the current tenant leases 18 additional off-site parking spaces on a monthly basis to meet code. It was determined that a typical office or retail user would need approximately 7 additional spaces to meet code requirements. Flood Hazard Area According to FEMA Map 41039C1137F, effective June 2, 1999, the property is located within Zone AE which is an area of the 100 year Flood and Zone FW, Floodway areas inside the 100 year Flood. The Amazon Channel bisects the subject property. Flood insurance is likely required due to the property s location. Current Tenant Upon completion of a sale, the current tenants would like to lease the property back at a negotiated rate through the 3rd quarter of 2019 while their new building is constructed. Lease terms to be negotiated at the time of the sale for the lease back of the property WILLAMETTE STREET 7

8 Site Plan Details SITE SIZE...21,852 total sq. ft (16,952 useable) BUILDING SIZE... 14,255 sq. ft. ON-SITE PARKING...20 spaces ZONED...C-2 (Community Commercial) 1590 WILLAMETTE STREET 8

9 Atrium Center Woolworth Building Building THE TATE Wildish Building 1590 Willamette 1590 Willamette Street 1590 WILLAMETTE STREET 9

10 Building Building THE TATE 1590 Willamette 1590 Willamette Street 1590 WILLAMETTE STREET 10

11 Mid-Town Property For Sale 1590 Willamette Street Eugene, Oregon For more information, contact: Stephanie Seubert (541) E. Broadway, Suite 101 Eugene, OR (541) eebcre.com