747 Blair Blvd
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747 Blair Blvd
5,210 SF 50% Leased Office Building Eugene, OR 97402 $1,665,527 CAD ($320 CAD/SF) 5.53% Cap Rate
Investment Highlights
- Live/Work opportunity for an owner-user with exceptionally attractive office and apartment spaces.
- Fiber Optic available
- Each of the four units is separately metered for electricity and natural gas.
- Secure apartment entry via individual oversized garage and atrium stairway entry.
Executive Summary
Rare Opportunity on Blair Island combining multi-family with professional offices, ideal for owner-user or passive investment. Unusual live/work opportunity, with two stylish second-story studio apartments atop store-front office spaces. The office is currently divided into two suites (which can be elegantly combined) with entries on both Blair Blvd and Monroe St-- retail use is possible for either suite. 747 Blair Blvd offers a large reception area, 3 or 4 private offices, multiple work areas, a kitchen and a conference room. 742 Monroe offers a workspace and two large offices with lots of natural light. Both are barrier free. The apartments are accessed via a locking atrium with secure ground level garages. Spacious, bright floor plans are soaked in natural light, with high ceilings and large private patios. Nestled onto Blair Island the building offers 7 off-street parking spaces plus an ADA space. Abundant street parking is not metered or timed. Impressive walking score of 85! You will find fantastic dining, entertainment, and Eugene's Brewery Scene close at hand.
Financial Summary (Pro forma - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,210 SF
Building Class
B
Year Built/Renovated
1957/1999
Price
$1,665,527 CAD
Price Per SF
$320 CAD
Cap Rate
5.53%
NOI
$92,133 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,605 SF
Slab To Slab
9’
Building FAR
0.57
Land Acres
0.21 AC
Zoning
C2 - C2 zoning allowing a wide variety of commercial & office uses.
Parking
8 Spaces (1.54 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Bus Line
- Security System
- Signage
- Skylights
- Kitchen
- Roof Terrace
- Central Heating
- High Ceilings
- Partitioned Offices
- Secure Storage
- Monument Signage
- Air Conditioning
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $725,546 CAD | |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$725,546 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
-
Scarlet Lee - Owner
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747 Blair Blvd
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