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Investment Highlights

  • 5,000 SF corner lot on N Mississippi and N Mason
  • 2 above grade floors with large windows for natural light
  • Garage and fenced yard with patio
  • Classic bungalow converted to creative office
  • Daylight basement apartment with dedicated entrance
  • Ideal location for retail or medical office

Executive Summary

Rare Corner Lot With Renovated Live / Work Building
± 2,727 SF | Sale Price: $895,000 ($328/SF)
• Bustling N. Mississippi Ave Retail/Shopping Neighborhood in NE Portland with Excellent Tenant Mix
• Great Transit Access (8 Blocks to MAX Yellow Line)
• Minutes to Downtown Portland and Close to I-5 and I-405

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,727 SF
Building Class
A
Year Built/Renovated
1923/2006
Price
$895,000
Price Per SF
$328.20
Cap Rate
7.25%
NOI
$64,908
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
909 SF
Slab To Slab
8’
Building FAR
0.57
Lot Size
0.11 AC
Zoning
CSD
Parking
1 Spaces (0.37 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Our team brings a wealth of experience from both public and private sectors, allowing Idealist Consulting to support a multitude of organizations.

Tenant Industry SF Occupied Rent/SF Lease End
Professional, Scientific, and Technical Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Lower Level
  • 980 SF
  • Office
  • Full Build-Out
  • Now

• 3 private offices • 16 built in desk spaces • 2 conference rooms, can expand to 1 large room • 2 restrooms - one with a large shower • All 3 floors are network wired for 16 desk spaces to central telco closet • 3 storage closets • Security doors and interior motion sensors, also pre-wired for front and back cameras • Two new 90+ efficient furnaces w/ A/C

  • 1st Floor
  • 1,131 SF
  • Office
  • Full Build-Out
  • Now

• 3 private offices • 16 built in desk spaces • 2 conference rooms, can expand to 1 large room • 2 restrooms - one with a large shower • All 3 floors are network wired for 16 desk spaces to central telco closet • 3 storage closets • Security doors and interior motion sensors, also pre-wired for front and back cameras • Two new 90+ efficient furnaces w/ A/C

  • 2nd Floor
  • 616 SF
  • Office
  • Full Build-Out
  • Now

• 3 private offices • 16 built in desk spaces • 2 conference rooms, can expand to 1 large room • 2 restrooms - one with a large shower • All 3 floors are network wired for 16 desk spaces to central telco closet • 3 storage closets • Security doors and interior motion sensors, also pre-wired for front and back cameras • Two new 90+ efficient furnaces w/ A/C

Space Size Space Use Build-Out Available
Lower Level 980 SF Office Full Build-Out Now
1st Floor 1,131 SF Office Full Build-Out Now
2nd Floor 616 SF Office Full Build-Out Now

Lower Level

Size
980 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size
1,131 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Floor

Size
616 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Lower Level

Size 980 SF
Space Use Office
Build-Out Full Build-Out
Available Now

• 3 private offices • 16 built in desk spaces • 2 conference rooms, can expand to 1 large room • 2 restrooms - one with a large shower • All 3 floors are network wired for 16 desk spaces to central telco closet • 3 storage closets • Security doors and interior motion sensors, also pre-wired for front and back cameras • Two new 90+ efficient furnaces w/ A/C

1st Floor

Size 1,131 SF
Space Use Office
Build-Out Full Build-Out
Available Now

• 3 private offices • 16 built in desk spaces • 2 conference rooms, can expand to 1 large room • 2 restrooms - one with a large shower • All 3 floors are network wired for 16 desk spaces to central telco closet • 3 storage closets • Security doors and interior motion sensors, also pre-wired for front and back cameras • Two new 90+ efficient furnaces w/ A/C

2nd Floor

Size 616 SF
Space Use Office
Build-Out Full Build-Out
Available Now

• 3 private offices • 16 built in desk spaces • 2 conference rooms, can expand to 1 large room • 2 restrooms - one with a large shower • All 3 floors are network wired for 16 desk spaces to central telco closet • 3 storage closets • Security doors and interior motion sensors, also pre-wired for front and back cameras • Two new 90+ efficient furnaces w/ A/C

Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
R223525
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$167,250
  • Listing ID: 36014292

  • Date on Market: 5/28/2025

  • Last Updated:

  • Address: 4076 N Mississippi Ave, Portland, OR 97227

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