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2300 SW 1st Ave
Portland, OR 97201
Value-Add CBD and Opportunity Zone Office · Office Property For Sale
Investment Highlights
- Classically designed, three-story office center built in 1968 and renovated in 2001, offering Class A interior finishes throughout.
- Value-add downtown office presents less than a five-minute walk to Portland Streetcar, Yellow & Green MAX lines, and Trimet bus line.
- 2300 SW 1st Ave offers a penthouse deck, upgraded climate control, beautiful views of the Willamette River and proximity to after-work retailers.
- Nestled within the southern perimeter of Portland’s CBD and Opportunity Zone, 2300 SW 1st Ave offers impeccable business conveniences.
- Easy access to major freeway interchanges via Naito Parkway, freeway visibilities combined see a surplus of 105,000 VPD, ideal for tenant branding.
- Zoned CXD, a residential conversion is enabled on the property alongside local demand emphasizing housing needs and it's secured location downtown.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
36,721 SF
Building Class
C
Year Built/Renovated
1968/2001
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,840 SF
Slab To Slab
10’
Building FAR
1.64
Lot Size
0.52 AC
Parcel Number
R272238
Zoning
CXD - Allows all office uses, retail, and service. Household living also allowed.
Parking
48 Spaces (2.04 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Commuter Rail
- Conferencing Facility
- Air Conditioning
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