For Sale

Medium Density Residential Zoning District

215 W 5th St Lafayette, OR 97127

Multi-Family Development Opportunity Inside the City Limits of Lafayette

$1,200,000

This multi-family development property inside the city limits of Lafayette presents a unique and exciting opportunity for the right buyer! This beautifully expansive property is covered with mature trees and sits near a creek. The property is located less than .5 miles to Lafayette City Hall and has easy access to Hwy 99 W.

The total acreage is 6.36 with approximately half developable; the seller has two engineered plans for 30 and 51-unit projects. The current residential dwelling is of no value and no value was given when calculating the asking price. Please contact for additional information and to schedule a property tour.

Drone video of the property: https://vimeo.com/981485980

Contact Us to Learn More

Listing Agent

Mary Martin Miller

MBA, CCIM.
Principal Broker/Owner
Licensed in the State of Oregon

503-740-9200

[email protected]

Mike Morris

Broker
Licensed in the State of Oregon

971-241-3847

[email protected]

Can’t Find What You're Looking For?

Send us a message and we will talk!

Can’t Find What You're Looking For?

Send us a message and we will talk!

We Care About Your Business and Your Future

You have done the hard work, and your business is finally ready to find its home. Take a moment to imagine your perfect property. Can you picture it? Wonderful.

If you can dream it, we can visualize the perfect space to suit your vision.

Perhaps you already have a particular location in mind. Miller Consulting Group will expertly assess that property's suitability so you have certainty if it can or cannot accommodate your needs.

Miller Consulting Group has a vast network with a targeted reach. We use our community connections to your benefit, ensuring you have the best buying experience.

When considering acquiring a property, one of the tricky decisions can be whether to buy or lease. Ultimately, which option is best depends entirely on the benefits you are seeking.

Here are three compelling reasons to consider buying over leasing: greater control, wealth-building possibilities, and tax advantages. While this list is not comprehensive, it is a good place to start asking the right questions.

Do you want to avoid the risk of potential rent hikes?

Do you want the opportunity to build equity?

If your business demands change, do you want the freedom to lease your space and collect rental income?

Are you interested in possible tax advantages that are exclusive to owners?

If this sounds like you, then buying a property could be your ideal path. However, there are many other factors to consider before committing to ownership. Give our team a call to get expert financial insight, projections, and market analysis. We will help you explore your options per your specific business goals. This and more is a part of our comprehensive approach to finding the right commercial property solution for you.

Your business needs are unique, so there is no universal answer to the question of buying versus leasing. The truth can be complex and nuanced, so we gladly offer our services to simplify your search and help effectively achieve your vision.