Your email has been sent.
3601 S River Pky - The John Ross Retail Condo 8,041 SF Retail Condo Unit Offered at $2,814,350 in Portland, OR 97239
INVESTMENT HIGHLIGHTS
- Retail Condo Located Within The John Ross Mixed-Use Condominium Building - LEED Certified - Built 2007
- Fantastic Owner-User or Investment Opportunity with 2 Vacant Spaces and 1 Fully Leased
- Nearby I-5, Highway 43, Highway 26 as well as Portland Street Car Line, MAX Light Rail Orange Line
- High Traffic Area with Over 2,250 Apartment/Condo Units in the South Waterfront District
- Priced to Sell Together or Individually
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Total Building Size | 576,816 SF | Typical Floor Size | 14,194 SF |
| Property Type | Multifamily (Condo) | Year Built | 2007 |
| Property Subtype | Apartment | Lot Size | 0.00 AC |
| Building Class | A | Parking Ratio | 0.5/1,000 SF |
| Floors | 31 | ||
| Zoning | Commercial | ||
| Total Building Size | 576,816 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 31 |
| Typical Floor Size | 14,194 SF |
| Year Built | 2007 |
| Lot Size | 0.00 AC |
| Parking Ratio | 0.5/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Disposal
- Fireplace
- Washer/Dryer Hookup
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Views
- Carpet
- Island Kitchen
SITE AMENITIES
- Controlled Access
- Concierge
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Waterfront
- Grill
- Roof Terrace
- Elevator
1 UNIT AVAILABLE
Unit A-3
| Unit Size | 8,041 SF | Sale Type | Investment |
| Price | $2,814,350 | Cap Rate | 6.71% |
| Price Per SF | $350.00 | NOI | $188,841 |
| Condo Use | Retail |
| Unit Size | 8,041 SF |
| Price | $2,814,350 |
| Price Per SF | $350.00 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.71% |
| NOI | $188,841 |
SALE NOTES
Retail Condo in Portland's Highly Sought After South Waterfront!
Owner-User / Investment Opportunity
--------------------
Space A-3 (Fully Leased)
Total Space: 8,041 SF
Sales Price: $2,814,350 ($350/sf)
Actual NOI: $188,841
Actual CAP: 6.70%
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 450 | - | - |
SUSTAINABILITY
SUSTAINABILITY
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
CONTACTS
-
Nicholas Diamond -
Riley Henderson -
George Diamond -
Capacity Commercial Group LLC
Presented by
3601 S River Pky - The John Ross Retail Condo
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.