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INVESTMENT HIGHLIGHTS
- Parking for 21 cars, including 2 ADA accessible stalls
- Views of Mount Hood and the Willamette River from all floors
- Restrooms with shower facilities
- Large outdoor deck with direct building access
- High-end fixtures and finishes in all parts of the building
EXECUTIVE SUMMARY
Ethos Commercial Advisors LLC, as executive advisor, is pleased to present to qualified owner-users the opportunity to acquire the fee-simple interest in a turnkey office property located at 4540 S Kelly Avenue, Portland, Oregon 97239 (the “Property”). The Property comprises approximately 8,466 SF on an approximately 0.41-acre site (+/- 17,779 SF), originally built in 1908 and renovated in 2006. The offering is well suited for a headquarters or office user seeking immediate functionality, ample onsite
parking, and a highly differentiated work environment.
The building features floor-to-ceiling windows, high-end fixtures and finishes, ADA-accessible entry / restrooms, showers, and a large outdoor deck with direct access, creating a compelling setting for both day-to-day operations and client-facing use. Views of Mount Hood and the Willamette River from multiple levels further elevate the workplace experience and brand presence. With up to 21 parking spaces (including ADA) and furniture negotiable, the Property supports a streamlined
move-in for an owner-user.
Located in close-in Southwest Portland near the Macadam / Johns Landing corridor, the Property offers efficient connectivity to Downtown, the South Waterfront, and regional access. The site is identified within the City’s CM2 commercial / mixed-use zoning framework, providing flexibility for a range of office and commercial uses over time.
parking, and a highly differentiated work environment.
The building features floor-to-ceiling windows, high-end fixtures and finishes, ADA-accessible entry / restrooms, showers, and a large outdoor deck with direct access, creating a compelling setting for both day-to-day operations and client-facing use. Views of Mount Hood and the Willamette River from multiple levels further elevate the workplace experience and brand presence. With up to 21 parking spaces (including ADA) and furniture negotiable, the Property supports a streamlined
move-in for an owner-user.
Located in close-in Southwest Portland near the Macadam / Johns Landing corridor, the Property offers efficient connectivity to Downtown, the South Waterfront, and regional access. The site is identified within the City’s CM2 commercial / mixed-use zoning framework, providing flexibility for a range of office and commercial uses over time.
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) 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
8,466 SF
Building Class
B
Year Built/Renovated
1908/2006
Price
$1,995,000
Price Per SF
$235.65
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,822 SF
Slab To Slab
10’
Building FAR
0.48
Lot Size
0.41 AC
Zoning
C02D
Parking
21 Spaces (2.48 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | R247833 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $1,716,440 (2025) |
PROPERTY TAXES
Parcel Number
R247833
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,716,440 (2025)
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4540 SW Kelly Ave
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