Welcome to Pennington Realty, Inc. We are a full-service real estate company specializing in commercial and investment properties in Lane County and throughout the state of Oregon. Our Brokers have earned a strong reputation for hard work, expert knowledge and professionalism. We pride ourselves on in-depth understanding of the individual needs of our clients and our hard work to achieve their real estate goals. Please contact our brokers and we will be happy to answer any questions you have regarding our services or real estate in Oregon.

Recently Listed Properties

Florence Development Land

HWY 101 & 35th Street

Florence, OR


Type: Vacant Land

Sale Price: $450,000

Size: 0.92 acres (40,180 sf)

Description/Features: Signalized hard corner parcel fronting on HWY 101. One of the best locations in Florence. Near Florence Golf Links and Fred Meyer. Zoning: Highway District. Allows for commercial, retail, multi-family, PUD, office, drive-thru uses.

Flyer HWY 101 & 35th St. Florence
Flyer- Florence - Hwy 101 and 35th - 0.[...]
Adobe Acrobat document [1.5 MB]

Retail At The Best Corner in Lebanon, OR

2050/2060 S. Santiam Hwy

Lebanon, OR


Type: Retail

Lease Rent: $28+/- per sf NNN 

Dimensions/ Space: 1,230-3,587SF

Description/Features: Newly renovated retail or office space at one of the best corners in Lebanon (Hwy 20 & S. Airport Rd.). 24,700 VPD on Hwy 20. Opportunity to join brand new Starbucks, AT&T,Jack-in-the-Box and Gentle Dental. Tenant improvements available. Lease rate varies based on size and location within the building. 1,230 sf space also available between the Starbucks and AT&T store across the parking lot to the east.

Flyer 2050/2060 S. Santiam Hwy Lebanon, OR Retail
Flyer - Lebanon - 2050 S Santiam Hwy - [...]
Adobe Acrobat document [1'020.7 KB]

Florence HWY 101 Retail

1665 HWY 101

Florence, OR


Type: Retail

Lease Rent: $5,472/month NNN 

Dimensions/ Space: 6,840 sf

Description/Features: Stand-alone retail building located on the NW corner of HWY 101 and 16th St. Approximately 32+ on-site parking spaces. Zoning: Commercial. Traffic count: 17,100 VPD

Flyer 1665 HWY 101 Florence
Flyer - Florence - 1665 HWY 101 Goodwill[...]
Adobe Acrobat document [452.0 KB]

Retail At The Best Corner in Lebanon, OR

2080 S. Main St.

Lebanon, OR


Type: Retail

Lease Rent: $30 per sf NNN 

Dimensions/ Space: 1,230 SF

Description/Features: Newly constructed retail building anchored by a Starbucks drive-thru and AT&T store. Space available is between these two anchors. Great visibilty from Santiam Hwy (Main St.) and signalized access. Tenant Improvement of $25/sf is available. 

Flyer 2080 S. Main St. Lebanon, OR Retail
Flyer - Lebanon - 2080 S Santaim - 1230 [...]
Adobe Acrobat document [1.1 MB]

Country Club Road Office Space

696 Country Club Rd.

Eugene, OR


Type: Office

Lease Rent: $2,223/month ($1.30/SF) Full Service

Dimensions/ Space: 1,710 SF Ground Floor

Description/Features: Former law office in the highly desirable Country Club Rd. location. Four private offices, conference room, break room and one restroom. Single level with ample parking. Excellent condition, lots of windows/ natural light.

Flyer 696 Country Club Rd.
Flyer - Eugene - 696 Country Club Rd.pdf
Adobe Acrobat document [873.4 KB]

Corner of 6th & Chambers Retail / Office

1704 W. 6th Avenue

Eugene, OR


Type: Retail / Office

Lease Rent: $2,850 Monthly  ($0.66/SF)

Dimensions/ Space: 4,328 SF

1st Floor (1,916 SF) 2nd Floor: (2,412 SF)

Description/Features: High traffic, high visibilty retail / office 2-story building on the SW corner of W. 6th Ave. & Chambers St. in west Eugene. Large windows provide lots of natural light. 27,530 vehicles per day on 6th.

1144 Gateway Loop Suite 240

Springfield, OR


Type: Office

Lease Rent: $1.17/sf/ Month Full Service

Dimensions/ Space: 577 sf & 915 sf (1,492 sf)

Description/Features: 2nd floor office open office space in the Gateway Plaza office building on Gateway Loop. Conveniently located next to Beltine and I-5 interchange. Tenant Improvements available. 3 year minimum lease.

Flyer - Gateway Plaza Suite 240
Flyer - Springfield - 1144 Gateway Lp ST[...]
Adobe Acrobat document [469.1 KB]

Former Credit Union W/ Drive-Thru

Springfield, OR

For Lease

Office / Retail W/ Drive-thru

Price: $34/SF NNN

Size: 4,560 SF

Description/Features: Located on signalized intersection of Q St. and Pioneer Parkway. Two drive-thru lanes. Excellent access and visibility from I-105 / Hwy 126. Anchored by Walgreens and shadow anchored by Safeway & Pioneer Plaza Shopping Center.

Flyer - 1810 Pioneer Parkway West
1810 Pioneer Parkway Flyer.pdf
Adobe Acrobat document [2.8 MB]

Willamette Pass Inn & Chalets

Crescent Lake, OR

For Sale

Hotel / Resort

Price: $1,195,000

Size: 13 Rooms, 10 Chalets (Land: 11.98 Acres)

Description/Features: Beautiful and unique resort in the Cascades of Central Oregon. Fee simple land (not ground leased from Forest Service). Strong history of occupancy year round. Value add opportunity with room to build 12 more chalets.

Flyer - Willamette Pass Inn & Chalets
Flyer - Crescent Lake - Willamette Pass [...]
Adobe Acrobat document [2.5 MB]

5690 Main Street

Springfield, OR

For Sale SOLD

Zoning: CC (Community Commercial)

Sale Price: $999,000

Size: Building: 8,262 sf (1st: 4,994 sf /2nd: 3,268 sf)

Land area: 0.8 acres (34,848 sf)


For Sale is the former Key Bank building in the Thurston community of Springfield. Located at the NE corner of Main St. and Hwy 126. Hard corner with excellent visibility from both the street and freeway. Access off Main St. plus access to a traffic signal at 58th and Main St. Excellent opportunity for redevelopment. Traffic counts (Main St.: 27,000 VPD / Hwy 126: 32,800 VPD)


5690 Main St. Redevelopment Opportunity
Flyer- Springfield - FS - 5690 Main Str[...]
Adobe Acrobat document [2.1 MB]

3.46 Acres North Game Farm Rd. E-1 Land

For Sale or Build-to-Suit

Type: Zoning: E-1 Campus Employment

Sale Price: $2,562,200 ($17 psf)

Size: 3.46 Acres ($150,717 sf)


For sale or Built-to-suit, rectangular parcel of 3.46 Acres of Campus Employment commercial land on North Game Farm Road between the intersection of Old Coburg Rd. and the I-5 overpass. Very close to the new VA hospital and excellent visibility from I-5. Utilities to site/ Ready to build on. E-1 zoning allows medical, office, restricted retail and other uses. Tax lot: 17-03-16-41-201

404' of frontage on North Game Farm rd. between the intersection of Old Coburg rd. and North Game Farm rd. and the I-5 Overpass. Eugene, OR 97408


3.46 AC N Game Farm rd. FS or BTS
Flyer - N. Game Farm Road - 3.46 AC.pdf
Adobe Acrobat document [1.2 MB]

Pennington Realty Inc.

1144 Gateway Loop Ste 205

Springfield, OR 97477

Office #: 541-344-5959

Fax #: 541-344-5966


John Pennington, CCIM, GRI

     Cell #: 541-579-4600

     Email: john@jpennington.com

Jack Pennington

     Cell #: 541-513-0918

     Email: jack@jpennington.com


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