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18445 E Burnside St 5,012 SF 100% Leased Office Building Portland, OR 97233 $1,250,000 ($249.40/SF)
Investment Highlights
- Fully-renovated, turn-key office space ready for immediate occupancy
- Convenient transit access near major Burnside corridors
- Located in vibrant Rockwood community across from Rockwood Market Hall
- Standalone building with dedicated off-street parking
- Ideal for non-profits, medical offices, and human services organizations
Executive Summary
• Located in the Gresham neighborhood of Rockwood, a neighborhood in the northwest section of Gresham.
• This location is one of the most densely populated and diverse neighborhoods in Gresham.
• Convenient access to the I-84 interchange at NE 181st.
• Nearby amenities include Rockwood Market Hall, Starbucks Coffee, Albertsons, Taqueria Rico Taco, Chepe’s Restaurant, Papa Murphy’s Take ‘N’ Bake Pizza, Taco Time, La Villa Grill & Bar, Subway and Jack in the Box.
• Zoned RTC
• This location is one of the most densely populated and diverse neighborhoods in Gresham.
• Convenient access to the I-84 interchange at NE 181st.
• Nearby amenities include Rockwood Market Hall, Starbucks Coffee, Albertsons, Taqueria Rico Taco, Chepe’s Restaurant, Papa Murphy’s Take ‘N’ Bake Pizza, Taco Time, La Villa Grill & Bar, Subway and Jack in the Box.
• Zoned RTC
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,012 SF
Building Class
C
Year Built/Renovated
1956/2023
Price
$1,250,000
Price Per SF
$249.40
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,012 SF
Building FAR
0.48
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
RTC - Zoning provides for broad based uses. It consists of community commercial office space uses, and many others. Please call Agent
Parking
20 Spaces (3.99 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
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Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R209760 | Improvements Assessment | $885,480 |
| Land Assessment | $207,680 | Total Assessment | $1,093,160 |
Property Taxes
Parcel Number
R209760
Land Assessment
$207,680
Improvements Assessment
$885,480
Total Assessment
$1,093,160
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