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2705-2715 SE 8th Ave
Portland, OR 97202
The Dairy Building - Phase 1 & 2 · Office Property For Sale
Investment Highlights
- 2017 Gut Renovation - Including full seismic upgrade, new roof, all new systems (HVAC, mechanical, plumbing, electric), new windows, etc.
- Secure Parking Lot with 160 Stalls
- 2.5 Acres in Portland's Central Eastside - Additional Development Plans (20,000SF new building and renovations of existing 20,000 sf Tower)
- Original old growth beams, skylights, glass roll up doors, spacious common area
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Building Size
46,834 SF
Building Class
A
Year Built
2017
Price
$4,000,000
Price Per SF
$85.41
Cap Rate
13.98%
NOI
$559,243
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
46,834 SF
Building FAR
0.43
Lot Size
2.50 AC
Zoning
IG1 - General Industrial
Parking
160 Spaces (2.42 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Food Service
- Restaurant
- Security System
- Signage
- Skylights
- Outdoor Seating
- Air Conditioning
Property Taxes
| Parcel Number | R504748 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,074,540 |
Property Taxes
Parcel Number
R504748
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,074,540
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