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8201 SE 17th Ave 4,262 SF 100% Leased Office Building Portland, OR 97202 $795,000 ($186.53/SF)
Investment Highlights
- Turnkey for an owner user
- 1 block south of Tacoma
- Off-street parking
- New development on 3 sides of this corner lot
Executive Summary
Priced well below replacement cost, this turnkey office/flex space is one block south of SE 17th and Tacoma on a corner lot. Off-street parking. Most parcels around this property have been redeveloped. Opportunity to build mixed use or multifamily.
Property is owned outright. All reasonable offers will be considered.
Property is owned outright. All reasonable offers will be considered.
Financial Summary (Pro Forma - 2027) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2027) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,262 SF
Building Class
C
Year Built/Renovated
1913/1999
Price
$795,000
Price Per SF
$186.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,131 SF
Slab To Slab
9’
Building FAR
0.82
Lot Size
0.12 AC
Zoning
CS, Portland - Development potential for multifamily-mixed use.
Parking
5 Spaces (1.88 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Very walkable
80/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R267581 | Total Assessment | $360,290 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2027 |
Property Taxes
Parcel Number
R267581
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$360,290 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2027
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Contact the Sale Advisor
8201 SE 17th Ave