

Versatile Property - Investors, Developers, or Owner-User
Well Located Property in the Heart of Lowell - Redevelopment or Owner-User
Marketing description
VERSATILE PROPERTY IN THE HEART OF LOWELL - OPPORTUNITY FOR INVESTORS, DEVELOPERS, OR OWNER/USER
Located within Lowell’s downtown district, this 0.41-acre property offers flexible potential for a variety of uses—whether you're an investor seeking multifamily income, a developer looking for a centrally located development site, or an owner-user ready to repurpose an existing building.
The property includes a 3,694 sq. ft. structure (built circa 1970), formerly used as City Hall and the public library. The site is zoned DRA – Downtown Residential Attached, allowing for up to 8 multifamily residential units or adaptive reuse for office, studio, community services, or live/work purposes.
Ideal Opportunity For:
Developers seeking a redevelopment opportunity in an established community
Investors looking for income-producing multifamily potential
Owner-users in need of flexible office or studio space
Civic or nonprofit groups seeking a walkable downtown location
Visionaries who want to create something meaningful in a connected, small-town setting
Lowell, Oregon:
Located just 25 miles from Eugene, Lowell offers small-town charm with easy access to urban amenities. The town is known for its proximity to outdoor recreation—Willamette River, Dexter Lake, Fall Creek, and miles of hiking trails—as well as its growing appeal to remote workers, retirees, and families looking for a more affordable lifestyle.
Investment highlights
Property Highlights:
Lot Size: 0.41 acres (17,860 sq. ft.)
Existing Building: 3,694 sq. ft. single-story structure
Zoning: DRA (Downtown Residential Attached)
Allowed Uses:
Multifamily residential (up to 8 units)
Adaptive reuse for office, retail, or stud
Owner-occupant opportunity
Utilities: Connected to city infrastructure including fiber internet service
Location: Walkable downtown core, near schools, parks,
and Dexter Reservoir/Willamette River
Map & Tax Lot: #19-01-14-22-0220
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