3004 SE 50th Ave 1,280 SF Office Building Portland, OR 97206 $525,000 ($410.16/SF)
EXECUTIVE SUMMARY
Introducing a remarkable opportunity in the heart of Portland, this 1,280 SF building offers a prime owner/user investment
opportunity. Owner occupied, this well-maintained property features modern amenities and high visibility. With a single
unit, built in 1949, and zoned CM2, this asset presents an opportunity for development or owner/user occupancy with
excellent street exposure in a solid neighborhood. Situated in a highly sought-after location, this property captures the essence
of Portland's dynamic commercial real estate landscape, making it an enticing prospect for discerning investors seeking
a solid, potential income-generating asset in the Portland area.
opportunity. Owner occupied, this well-maintained property features modern amenities and high visibility. With a single
unit, built in 1949, and zoned CM2, this asset presents an opportunity for development or owner/user occupancy with
excellent street exposure in a solid neighborhood. Situated in a highly sought-after location, this property captures the essence
of Portland's dynamic commercial real estate landscape, making it an enticing prospect for discerning investors seeking
a solid, potential income-generating asset in the Portland area.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
1,280 SF
Building Class
C
Year Built
1949
Price
$525,000
Price Per SF
$410.16
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,280 SF
Building FAR
0.27
Lot Size
0.11 AC
Zoning
CG
Parking
3 Spaces (2.34 Spaces per 1,000 SF Leased)
1 of 1
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | R142635 | Improvements Assessment | $0 (2023) |
| Land Assessment | $0 (2023) | Total Assessment | $150,610 (2023) |
