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Listed by Windermere RE Lane County • 541-501-3399
$ 4,950,000
Est. payment /mo
Active
488 Main ST Springfield, OR 97477
13,408 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,408 sqft
Price per Sqft $369
MLS Listing ID 352831896
Year Built 2024
Annual Tax Amount $11,466
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
Rivett on 5th & Main is the newest mixed-use development in the Eugene/ Springfield metro area. Just finished in December of 2024, it features 12 townhouse style apartments on the second floor, two retail spaces and one live/work unit. Architecturally designed with top-of-the-line amenities. 10 year property tax freeze on apartments (excludes commercial units.) Lease up has just begun and at the asking price, Seller will lease back any apartment unit that is not leased by closing.
Location
State OR
County Lane
Community Alllandscaping, Laundry
Area _249
Zoning MUC
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
Community Features AllLandscaping, Laundry
View City, Mountain
Roof Type Membrane
Garage No
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Middle Schools Springfield
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
