This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
The Cully Building 330-338 SE Martin Luther King Jr Blvd
13,349 SF Vacant Office Building Portland, OR 97214 $2,390,000 ($179/SF)
Investment Highlights
- Owner-user/value-add opportunity with signi?cant upside upon lease-up of available spaces.
- Situated in Portland’s central eastside neighborhood with access to I-5 and I-84 within a quarter mile.
- Located blocks from the historic and recently renovated bespoke Hotel Grand Stark.
- Outstanding amenities including off-street parking, a high ceiling/creative of?ce buildout, and an onsite shower.
- Accessible from West Portland via the Burnside Bridge which will be replaced in the coming years with construction expected to start in 2025.
- Rents below market for similar spaces in the immediate trade area.
Executive Summary
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Bus Line
- Metro/Subway
- Signage
- Wheelchair Accessible
- Central Heating
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Shower Facilities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Ground floor space is connected to basement space that was built out fully for video and sound editing. It features 8 acoucstically separated rooms which are designed for video editing, but also would be great for any use where having the it very quiet is valued, like message, physical therapy, therapy, treatment rooms etc.
Ground floor space with high ceilings, exposed brick interior, and grand historic aesthetic. Bright and prominently located to draw attention to it with visibility to the street. The Cully Building was built in 1884 by stone mason Thomas Cully and renovated in a Commercial Revival tradition. Interior spaces are characterized by exposed brick and post & beam construction. The building is populated with an energetic mix of professionals. Located in the established and vibrant core of the Central Eastside, the property has excellent proximity to public transportation, services, restaurant & bars, and the Central Business District.
Ground floor space is connected to basement space that was built out fully for video and sound editing. It features 8 acoucstically separated rooms which are designed for video editing, but also would be great for any use where having the it very quiet is valued, like message, physical therapy, therapy, treatment rooms etc.
The Cully Building was built in 1884 by stone mason Thomas Cully and renovated in a Commercial Revival tradition. Interior spaces are characterized by exposed brick and post & beam construction. The building is populated with an energetic mix of professionals. Located in the established and vibrant core of the Central Eastside, the property has excellent proximity to public transportation, services, restaurant & bars, and the Central Business District.
The Cully Building was built in 1884 by stone mason Thomas Cully and renovated in a Commercial Revival tradition. Interior spaces are characterized by exposed brick and post & beam construction. The building is populated with an energetic mix of professionals. Located in the established and vibrant core of the Central Eastside, the property has excellent proximity to public transportation, services, restaurant & bars, and the Central Business District.
| Space | Size | Space Use | Condition | Available |
| Basement | 3,274 SF | Office/Retail | Full Build-Out | Now |
| 1st Fl-Ste 1A | 1,702 SF | Office/Retail | Full Build-Out | Now |
| 1st Fl-Ste 1B | 1,602 SF | Office/Retail | Full Build-Out | Now |
| 2nd Fl-Ste 2A | 1,737 SF | Office | Partial Build-Out | Now |
| 3rd Fl-Ste 3B | 1,673 SF | Office | Partial Build-Out | Now |
Basement
| Size |
| 3,274 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1A
| Size |
| 1,702 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1B
| Size |
| 1,602 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 2A
| Size |
| 1,737 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 3B
| Size |
| 1,673 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Basement
| Size | 3,274 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Ground floor space is connected to basement space that was built out fully for video and sound editing. It features 8 acoucstically separated rooms which are designed for video editing, but also would be great for any use where having the it very quiet is valued, like message, physical therapy, therapy, treatment rooms etc.
1st Fl-Ste 1A
| Size | 1,702 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Ground floor space with high ceilings, exposed brick interior, and grand historic aesthetic. Bright and prominently located to draw attention to it with visibility to the street. The Cully Building was built in 1884 by stone mason Thomas Cully and renovated in a Commercial Revival tradition. Interior spaces are characterized by exposed brick and post & beam construction. The building is populated with an energetic mix of professionals. Located in the established and vibrant core of the Central Eastside, the property has excellent proximity to public transportation, services, restaurant & bars, and the Central Business District.
1st Fl-Ste 1B
| Size | 1,602 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Ground floor space is connected to basement space that was built out fully for video and sound editing. It features 8 acoucstically separated rooms which are designed for video editing, but also would be great for any use where having the it very quiet is valued, like message, physical therapy, therapy, treatment rooms etc.
2nd Fl-Ste 2A
| Size | 1,737 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
The Cully Building was built in 1884 by stone mason Thomas Cully and renovated in a Commercial Revival tradition. Interior spaces are characterized by exposed brick and post & beam construction. The building is populated with an energetic mix of professionals. Located in the established and vibrant core of the Central Eastside, the property has excellent proximity to public transportation, services, restaurant & bars, and the Central Business District.
3rd Fl-Ste 3B
| Size | 1,673 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
The Cully Building was built in 1884 by stone mason Thomas Cully and renovated in a Commercial Revival tradition. Interior spaces are characterized by exposed brick and post & beam construction. The building is populated with an energetic mix of professionals. Located in the established and vibrant core of the Central Eastside, the property has excellent proximity to public transportation, services, restaurant & bars, and the Central Business District.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 (2023) | |
| Land Assessment | $0 (2023) | Total Assessment | $853,480 (2023) |
PROPERTY TAXES
Presented by
The Cully Building | 330-338 SE Martin Luther King Jr Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.