4949 S MacAdam Ave - Loft/Creative Space FOR SALE


Portland, OR 97239- South Portland
$5,700,000 USD
503-222-2655
4949 S MacAdam Ave, Portland, OR for Sale
$5,700,000 USD
Loft/Creative Space - FOR SALE
1/17
null | Request Cap Rate

4949 S MacAdam Ave
Portland, OR 97239
South Portland


HIGHLIGHTS

  • Owner-User with Income or Value Add Investment
  • Coworking / Creative Office Buildout on Both Floors
  • 2.8 : 1000 Parking Ratio (51 Off-Street Spaces)
  • Located in Prime Johns Landing Neighborhood near Downtown and the Willamette River
  • Blocks to multiple Retail & Dining Locations including Elephants on Corbett, Jolly Rodger, and Starbucks
  • Renovated in 2017 with a Partial New Roof in 2024

OVERVIEW

Multi-Tenant Freestanding Office Building for Sale in S. Portland Owner-User • Investment Opportunity • Two Levels • Open/Private Offices -------------------- Space Available: 17,657 SF (Entire Building) Ground Floor - 6,007 sf Second Floor - 11,650 sf Sale Price: $4,950,000 ($280 psf)

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The 4949 Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

CM2

APN/PARCEL ID

R285361

ASK ABOUT THIS PROPERTY

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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

Nicholas DiamondCapacity Commercial Group LLCMore Info
503-222-2655

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