EXECUTIVE SUMMARY
Creative / Flex Opportunity in Prime Johns Landing Location
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Space Available: + 8,990 SF
Sale Price: $1,950,000 ($216.90/SF)
Available Now
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Property Features:
• 8,990 SF Across Two Floors with Flexible Layouts.
• Conceptual Plan to Restore Flex Capabilities with Warehouse and Mezzanine.
• 16’ Ceiling Height with Grade Level Loading Potential
• CM2 Zoning Supports Diverse Commercial Uses
• Ten Surface Parking Stalls; Street Parking Available
• High Visibility Adjacent to Retail, Food, and Service Amenities.
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Location Features:
• Located in Portland’s vibrant Johns Landing Neighborhood
• High visibility on SW Macadam Ave (± 21,000 vehicles per day)
• Easy access to Downtown Portland and major transportation routes
• Location is ideal for businesses seeking a dynamic headquarters or creative production space
• Nearby Highlights Include: 48 North Pizzeria, Café Du Berry, St Honoré Bakery Macadam, Essence Coffee, River’s Edge, McMenamins Fulton Pub, Elephants on Corbett and Chart House
--------------------
Space Available: + 8,990 SF
Sale Price: $1,950,000 ($216.90/SF)
Available Now
--------------------
Property Features:
• 8,990 SF Across Two Floors with Flexible Layouts.
• Conceptual Plan to Restore Flex Capabilities with Warehouse and Mezzanine.
• 16’ Ceiling Height with Grade Level Loading Potential
• CM2 Zoning Supports Diverse Commercial Uses
• Ten Surface Parking Stalls; Street Parking Available
• High Visibility Adjacent to Retail, Food, and Service Amenities.
--------------------
Location Features:
• Located in Portland’s vibrant Johns Landing Neighborhood
• High visibility on SW Macadam Ave (± 21,000 vehicles per day)
• Easy access to Downtown Portland and major transportation routes
• Location is ideal for businesses seeking a dynamic headquarters or creative production space
• Nearby Highlights Include: 48 North Pizzeria, Café Du Berry, St Honoré Bakery Macadam, Essence Coffee, River’s Edge, McMenamins Fulton Pub, Elephants on Corbett and Chart House
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,990 SF
Building Class
C
Year Built
1969
Price
$1,950,000
Price Per SF
$216.91
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,495 SF
Slab To Slab
8’
Building FAR
1.03
Lot Size
0.20 AC
Zoning
CM2 - Allows for a diverse range of retail, office and light industrial uses
Parking
8 Spaces (0.89 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
Parcel Number | R273124 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,022,540 |