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 | 269 |
| Zoning | MUC |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere RE Lane County |
|---|---|
| Contact Info | 541-501-3399 |