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11104 SE Stark St 6,428 SF Office Building Portland, OR 97216 $1,700,000 ($264.47/SF)
Investment Highlights
- Flexible building layout.
- Monument sign on SE Stark Street.
- All HVAC units replaced in 2024 & 2026
- Large lot with ample parking.
- Close access to I-84/I-205.
- Roof replaced in 2024
Executive Summary
Well-maintained two-story office building on just over one acre of land with two ingress and egress points. Originally built in 1968 as an optometry clinic, the building currently
operates as a licensed addictions and mental health outpatient facility under owner occupancy. The owner is willing to vacate on a timeline that works for the buyer. The building can be occupied by a single occupant, or it can be easily demised into four tenant suites on the main floor with common-area restrooms. There are several skylights on the main floor to provide abundant natural light throughout. The lower level comprises one private office, restrooms, a large break area, and storage.
Located in the Mall 205 area, the subject property benefits from many nearby shopping centers and restaurants. Access to I-205 and I-84 is just one mile to the west.
operates as a licensed addictions and mental health outpatient facility under owner occupancy. The owner is willing to vacate on a timeline that works for the buyer. The building can be occupied by a single occupant, or it can be easily demised into four tenant suites on the main floor with common-area restrooms. There are several skylights on the main floor to provide abundant natural light throughout. The lower level comprises one private office, restrooms, a large break area, and storage.
Located in the Mall 205 area, the subject property benefits from many nearby shopping centers and restaurants. Access to I-205 and I-84 is just one mile to the west.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,428 SF
Building Class
C
Year Built
1968
Price
$1,700,000
Price Per SF
$264.47
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,428 SF
Building FAR
0.14
Lot Size
1.03 AC
Zoning
CM1 - Commercial Mixed Use 1, City of Portland
Parking
38 Spaces (5.91 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Property Manager on Site
- Security System
- Kitchen
- Fully Carpeted
- Natural Light
- Partitioned Offices
- Air Conditioning
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R183509 | Improvements Assessment | $471,410 |
| Land Assessment | $1,116,500 | Total Assessment | $1,587,910 |
Property Taxes
Parcel Number
R183509
Land Assessment
$1,116,500
Improvements Assessment
$471,410
Total Assessment
$1,587,910
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Contact the Sale Advisor
11104 SE Stark St