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2115 N Vancouver Ave 1,470 SF Office Building Portland, OR 97227 $580,000 ($394.56/SF)
INVESTMENT HIGHLIGHTS
- Off-street parking with security fence and gate
- Excellent Location set to benefit from the Albina Vision Trust Project
- Existing Lease Income
EXECUTIVE SUMMARY
The space is a low-profile building that operates as a recording studio with off-street parking and proximity to I-5. The property is presently leased month-to-month but can be delivered vacant. Potential for owner-users or developers who look to capitalize on a close-in location.
Located in the Eliot Neighborhood along the popular North Vancouver Avenue. The neighborhood is set for a significant transformation over the next decade, with the I-5 Rose Quarter project set to kick off soon, along with the Albina Vision Trust master development bringing considerable value to the surrounding area.
Located in the Eliot Neighborhood along the popular North Vancouver Avenue. The neighborhood is set for a significant transformation over the next decade, with the I-5 Rose Quarter project set to kick off soon, along with the Albina Vision Trust master development bringing considerable value to the surrounding area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
1,470 SF
Building Class
C
Year Built
1970
Price
$580,000
Price Per SF
$394.56
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,470 SF
Slab To Slab
12’
Building FAR
0.29
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
CM3 - Commercial Mixed Use 3
Parking
4 Spaces (2.72 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | R102560 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $107,520 |
PROPERTY TAXES
Parcel Number
R102560
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$107,520
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2115 N Vancouver Ave
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