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Future State 12290 SW Main St 3,000 SF 13% Leased Office Building Portland, OR 97223 $1,195,000 ($398.33/SF)
Investment Highlights
- Prime Street Front location
- Major Public Transportation Next Door
- Vibrant Main Street
Executive Summary
Price Improvement!
Business productivity starts here! A distinctive Main Street building with flexible office, professional, and retail possibilities. The building offers street visibility, monument and building signage, updated interior finishes, and a rare transferable TriMet parking lease with up to 14 parking spaces.
The property works best for a business owner who wants to occupy the space, establish a branded headquarters, and potentially lease a smaller area for supplemental income.
Potential owner-users include insurance, financial services, real estate, creative, wellness, counseling, professional services, specialty retail, and other local service businesses, subject to buyer verification of permitted use.
Business productivity starts here! A distinctive Main Street building with flexible office, professional, and retail possibilities. The building offers street visibility, monument and building signage, updated interior finishes, and a rare transferable TriMet parking lease with up to 14 parking spaces.
The property works best for a business owner who wants to occupy the space, establish a branded headquarters, and potentially lease a smaller area for supplemental income.
Potential owner-users include insurance, financial services, real estate, creative, wellness, counseling, professional services, specialty retail, and other local service businesses, subject to buyer verification of permitted use.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
3,000 SF
Building Class
B
Year Built
1979
Price
$1,195,000
Price Per SF
$398.33
Percent Leased
13%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,500 SF
Slab To Slab
10’
Building FAR
1.38
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
14 Spaces (4.67 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- A Antique Barbershop
- Services
- 436 SF
- $2.06
- TBD
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| A Antique Barbershop | Services | 436 SF | $2.06 | TBD | - |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R0460673 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $332,530 |
Property Taxes
Parcel Number
R0460673
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$332,530
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Future State | 12290 SW Main St
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