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4008 NE Martin Luther King Jr Blvd 1,820 SF Office Building Portland, OR 97212 $350,000 ($192.31/SF)
Investment Highlights
- A large conference room for meetings and presentations.
- Two bathrooms
- A functional kitchenette area to support team needs.
- One adjacent parking space and off-street parking
Executive Summary
This property offers a rare acquisition opportunity in Portland’s vibrant inner northeast district, positioned at the hard corner of NE Martin Luther King Jr Blvd and NE Shaver Street. Featuring a single-story office structure on a 0.11-acre parcel, the building provides functional layouts suited for owner-user operations or creative redevelopment potential.
The site enjoys outstanding frontage along a major arterial corridor with strong visibility and easy access to Portland’s central business and cultural hubs. Located minutes from downtown, the property is surrounded by a dynamic mix of neighborhood retail, eateries, and service businesses, contributing to steady weekday and weekend activity.
The site enjoys outstanding frontage along a major arterial corridor with strong visibility and easy access to Portland’s central business and cultural hubs. Located minutes from downtown, the property is surrounded by a dynamic mix of neighborhood retail, eateries, and service businesses, contributing to steady weekday and weekend activity.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office
Building Size
1,820 SF
Building Class
C
Year Built
1910
Price
$350,000
Price Per SF
$192.31
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,820 SF
Slab To Slab
12’
Building FAR
0.38
Lot Size
0.11 AC
Zoning
RHd - Commercial Mixed Use 3 - CM3
Allowed uses: Retail, office, residential, and mixed used Developments
Amenities
- Bus Line
- Signage
1 1
Very walkable
80/100
Fairly drivable
50/100
Good public transit
60/100
Very bikeable
80/100
Property Taxes
| Parcel Number | R207414 | Improvements Assessment | $265,820 |
| Land Assessment | $283,490 | Total Assessment | $549,310 |
Property Taxes
Parcel Number
R207414
Land Assessment
$283,490
Improvements Assessment
$265,820
Total Assessment
$549,310
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4008 NE Martin Luther King Jr Blvd
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