488 Main St, Springfield, OR

$4,950,000

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13,408

Square feet

0.11

Acres

About 488 Main St

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.

Features of 488 Main St

MLS® # 352831896
Price $4,950,000
Bathrooms 0.00
Square Footage 13,408
Acres 0.11
Year Built 2024
Type Multi Family
Status Active

Community Information

Address 488 Main St
Area 249 - Lane Co: Springfield
City Springfield
County Lane
State OR
Zip Code 97477

Amenities

Parking Off Site
View City, Mountain(s)
Is Waterfront No
Has Pool No

Interior

Heating Heat Pump
Cooling Heat Pump
Fireplace No
# of Stories 2

Exterior

Exterior Brick
Roof Membrane
Foundation Slab

School Information

Middle Springfield

Additional Information

Date Listed January 28th, 2025
Days on Market 258
Zoning MUC
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWindermere RE Lane County
Contact Info541-501-3399

Listing Map

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