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Burnside Trolley Building 2705 E Burnside St 18,815 SF 91% Leased Office Building Portland, OR 97214 $4,300,000 ($228.54/SF) 6.29% Cap Rate
Executive Summary
2-story building
Elevator served
Classic brick building exterior
On site parking
Ideal office space in close- in Portland, surrounded by amenities
Over half of the tenants havebeenhere10+years
Elevator served
Classic brick building exterior
On site parking
Ideal office space in close- in Portland, surrounded by amenities
Over half of the tenants havebeenhere10+years
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,815 SF
Building Class
C
Year Built/Renovated
1911/1980
Price
$4,300,000
Price Per SF
$228.54
Cap Rate
6.29%
NOI
$270,650
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,408 SF
Slab To Slab
10’
Building FAR
0.88
Lot Size
0.49 AC
Zoning
CS
Parking
20 Spaces (1.06 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Lease rate: $3,800/month, FS
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 214 | 1,641 SF | Office | - | Now |
2nd Fl-Ste 214
| Size |
| 1,641 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 214
| Size | 1,641 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Lease rate: $3,800/month, FS
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Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Number | R158636 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,660,900 |
Property Taxes
Parcel Number
R158636
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,660,900
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Videos
Matterport 3D Exterior
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Photos
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Burnside Trolley Building | 2705 E Burnside St
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