Burnside Trolley Building | 2705 E Burnside St
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Burnside Trolley Building 2705 E Burnside St
18,815 SF 100% Leased Office Building Portland, OR 97214 $4,300,000 ($229/SF) 6.29% Cap Rate
Executive Summary
2-story building
Elevator served
Classic brick building exterior
On site parking
Ideal office space in close- in Portland, surrounded by amenities
Over half of the tenants havebeenhere10+years
Elevator served
Classic brick building exterior
On site parking
Ideal office space in close- in Portland, surrounded by amenities
Over half of the tenants havebeenhere10+years
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,815 SF
Building Class
C
Year Built/Renovated
1911/1980
Price
$4,300,000
Price Per SF
$229
Cap Rate
6.29%
NOI
$270,650
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,408 SF
Slab To Slab
10’
Building FAR
0.88
Lot Size
0.49 AC
Zoning
CS
Parking
20 Spaces (1.06 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
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Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | R158636 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,565,570 |
PROPERTY TAXES
Parcel Number
R158636
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,565,570
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Burnside Trolley Building | 2705 E Burnside St
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