The Alton Baker

For Sale

177 Day Island Rd., Eugene, OR 97401

This Eugene property for sale is located at 177 Day Island Rd.. The current listed sale price for The Alton Baker is $4,250,000. The Alton Baker is situated on a lot that is 1.55 acre in size.

Contacts

broker
Jack Pennington

Evans Elder Brown & Seubert

Property Details

  • Property Type Multi-Family
  • Property Size 103,846 SF
  • Units 100
  • Lot Size 1.55 Acre
  • Parking Spaces Avail. 75
  • Parking Ratio 0.72 / 1,000 SF
  • Date Updated Aug 25, 2025

Multi-Family Project Land for Sale

Situated alongside the Willamette River in one of Eugene’s most desirable corridors, The Alton Baker offers a premier location for apartment development with a rare combination of natural beauty, urban connectivity, and institutional demand.

CC – Community Commercial Zoning | 1.55 Acres (0.91 AC Useable) 

 • Build-ready plans for a six-story building with parking on the ground floor and units on floors 2-6

 • Podium construction, fire retardant, treated wood framing

 • Estimated pro forma, stabilized NOI of $2,240,992 (“Estimated NOI. Buyer to do their own due diligence in regard to all financials”)

 • The sale of the property includes all plans, engineering entitlements and rights

 • Permits have been issued by the City of Eugene and construction could start immediately

 • Central Eugene location at the entrance to Alton BakerPark and close proximity to University of Oregon, Autzen Stadium, Downtown Eugene and Oakway Center

 • Metro-Wide (excluding student housing) Apartment Vacancy rate of 3.56% (source: MFNW Spring 2025 Report)

 • Rents expected to increase in the coming years

 • Total of 103,846 sf (permit record) | 58,765 sf of unit space

 • Thirty (30) 2-BD/2-BA units, Thirty (30) 1-BD/1-BA units, Forty (40) studios

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Reach out to the broker for more info on lease terms and amenities

Getting around

  • 48/100

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  • 48/100

    Transit Score ®

  • 76/100

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Location

  • City Eugene, OR
  • Neighborhood Harlow
  • Zip Code 97401
  • Market Eugene

Points of Interest

  • Eugene

    0.64 miles

  • 76

    0.18 miles

  • Blink

    0.31 miles

  • JuiceBox EV Station

    0.51 miles

  • Chevron

    0.60 miles

  • Mobil

    0.65 miles

  • Astro

    1.34 miles

  • Higgens Petrolium

    1.36 miles

  • Shell

    1.48 miles

  • 7-Eleven

    1.67 miles

  • Electrify America

    1.97 miles

  • Employee Parking

    0.34 miles

  • TJ Maxx Parking Lot

    0.53 miles

  • Albertsons Parking Lot

    0.61 miles

  • 5000s - Brooks Field

    0.65 miles

  • City Hall Lot

    0.65 miles

  • Diamond Parking

    0.66 miles

  • Parking Lot 1d

    0.69 miles

  • 5000s/6000s Brooks Field

    0.70 miles

  • Hult Center EPark

    0.76 miles

  • City Parking

    0.76 miles

  • La Quinta Inn & Suites

    0.05 miles

  • Residence Inn Eugene

    0.21 miles

  • EVEN Hotels Eugene

    0.25 miles

  • The Campbell House Inn

    0.48 miles

  • 66 Motel

    0.50 miles

  • Inn at the 5th

    0.51 miles

  • Red Lion Inn & Suites

    0.54 miles

  • The Gordon Hotel

    0.60 miles

  • Travelers Inn Eugene

    0.60 miles

  • Hyatt Place Eugene/Oakway Center

    0.61 miles

  • Oakmont Center

    0.45 miles

  • Natural Grocers

    0.46 miles

  • TJ Maxx - Homegoods

    0.49 miles

  • Oakway Center

    0.57 miles

  • Albertsons

    0.57 miles

  • Whole Foods Market

    0.63 miles

  • Trader Joe's

    0.64 miles

  • Eugene Asian Market

    0.73 miles

  • Market of Choice

    1.22 miles

  • Safeway

    1.28 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jack Pennington

Evans Elder Brown & Seubert

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