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The Harding Building 509-511 Main St 6,709 SF 100% Leased Office Building Oregon City, OR 97045 $3,520,000 ($524.67/SF) 6.75% Cap Rate
Investment Highlights
- Prime Downtown Oregon City Location
- Stabilized asset with strong in-place income
- Adjacent to the Tumwata Village Redevelopment Project
- Spaces include 2 ground floor retail, 4 upstairs office, and 19 micro-studio offices
- Heart of Downtown Oregon City
Executive Summary
Stabilized Multi-Tenant Retail/Office Investment Opportunity
Downtown Oregon City | MUD Zoning
Building Size: 16,826 SF
Lot Size: 6,747 SF
Zoning: MUD (Mixed-Used Downtown District)
Unit Mix: 2 Retail | 4 Office | 19 Micro-Studio
Sale Price: $3,520,000 ($209/SF)
NOI: $237,558
CAP Rate: 6.75%
Downtown Oregon City | MUD Zoning
Building Size: 16,826 SF
Lot Size: 6,747 SF
Zoning: MUD (Mixed-Used Downtown District)
Unit Mix: 2 Retail | 4 Office | 19 Micro-Studio
Sale Price: $3,520,000 ($209/SF)
NOI: $237,558
CAP Rate: 6.75%
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
6,709 SF
Building Class
C
Year Built
1968
Price
$3,520,000
Price Per SF
$524.67
Cap Rate
6.75%
NOI
$237,600
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,354 SF
Building FAR
1.03
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
MUD - Mixed-Use Downtown
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00572678 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $806,441 |
Property Taxes
Parcel Number
00572678
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$806,441
Contacts
-
Nicholas Diamond -
Riley Henderson -
George Diamond -
Michael Horter -
Capacity Commercial Group LLC
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The Harding Building | 509-511 Main St
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