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INVESTMENT HIGHLIGHTS
- Freestanding commercial building with off-street parking
- Heavy office buildout with restrooms in each space
- Building signage available
EXECUTIVE SUMMARY
Freestanding commercial building demised into 3 separate tenant suites totaling 2,449 SF on the main floor plus a 683 SF basement. The property is on a hard corner within the Hollywood area on a 5,000 SF lot. Flexible zoning, CM1, City of Portland, allows various uses, including office, retail, daycare, and clinic. The flexible layout allows a new owner to retain the 3-tenant demising plan or combine the suites into one large owner-user opportunity. There is off-street parking along with abundant on-street parking options.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
2,449 SF
Building Class
C
Year Built
1958
Price
$875,000
Price Per SF
$357.29
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,449 SF
Building FAR
0.51
Lot Size
0.11 AC
Zoning
CM1 - City of Portland
AMENITIES
- Bus Line
- Signage
1 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | R262610 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $317,720 (2025) |
PROPERTY TAXES
Parcel Number
R262610
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$317,720 (2025)
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4023-4029 NE Tillamook St
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