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Freimann Building 240 SW First Ave 7,885 SF Office Building Portland, OR 97204 $1,200,000 ($152.19/SF)



Investment Highlights
- Professionally managed – building superintendent only works area buildings
- Secure entries
- Direct access to the Max light rail line
- On-site early morning cleanup
- Many nearby amenities including hotels, restaurants, bars, and shops
- Built out as “best in class” creative office
Executive Summary
Move-in ready!
Perfect owner/user opportunity!
Perfect owner/user opportunity!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,885 SF
Building Class
C
Year Built/Renovated
1870/2003
Price
$1,200,000
Price Per SF
$152.19
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,975 SF
Building FAR
2.59
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
CXD - Central Commercial
Amenities
- Bus Line
- Kitchen
- Basement
- High Ceilings
- Natural Light
- Open-Plan
- Hardwood Floors
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Swinerton Builders
- Manufacturing
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Swinerton Builders | Manufacturing | - | - | Triple Net | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office/Mezz.: ± 4,910 SF Basement: ± 2,975 SF
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,885 SF | Office/Retail | Full Build-Out | Now |
1st Floor
| Size |
| 7,885 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 7,885 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Office/Mezz.: ± 4,910 SF Basement: ± 2,975 SF
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (92)
Bike Score®
Biker's Paradise (95)
Property Taxes
| Parcel Number | R246005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $602,300 |
Property Taxes
Parcel Number
R246005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$602,300
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Freimann Building | 240 SW First Ave
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