4023-4029 NE Tillamook St - Office FOR SALE


Portland, OR 97212
$875,000 USD
503-227-2500
4023-4029 NE Tillamook St, Portland, OR for Sale
$875,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

4023-4029 NE Tillamook St
Portland, OR 97212


HIGHLIGHTS

  • Freestanding commercial building with off-street parking
  • Building signage available
  • Heavy office buildout with restrooms in each space

OVERVIEW

Freestanding commercial building demised into 3 separate tenant suites totaling 2,449 SF on the main floor plus a 683 SF basement. The property is on a hard corner within the Hollywood area on a 5,000 SF lot. Flexible zoning, CM1, City of Portland, allows various uses, including office, retail, daycare, and clinic. The flexible layout allows a new owner to retain the 3-tenant demising plan or combine the suites into one large owner-user opportunity. There is off-street parking along with abundant on-street parking options.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CM1

APN/PARCEL ID

R262610

ASK ABOUT THIS PROPERTY

Joe KapplerMacadam Forbes, Inc.More Info
503-227-2500

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Joe KapplerMacadam Forbes, Inc.More Info
503-227-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.