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7203-7205 SE Raymond St 7203-7205 SE Raymond St

4,308 SF 100% Leased Flex Building Portland, OR 97206 $998,000 ($232/SF)

Investment Highlights

  • 7203-7205 SE Raymond St Includes a two-story renovated corner office totaling 4,308 SF on a high-growth corridor of Southeast Portland.
  • Sits in the performing Clackamas/ Milwaukie office submarket, with vacancy rates 7% below the greater MSA and no new inventory under construction.
  • Surrounded by top-quality amenities including walkable parks, golf courses, the Portland Mercado food court, and dozens of national retailers.

Executive Summary

4,308 SF Retail / Creative Office Investment Opportunity
Office Owner/User or Mixed-Use • Off Street Parking
Lot Area: 0.15 AC (6,550 SF | 2 Tax Lots 7203 and 7205)
Building Size: 4,308 SF
Zoning: Commercial Mixed-Use 2 (CM2)
Parking: 8 Spaces Off Street + 3 Short Term Spaces
REDUCED Sale Price: $998,000

Property Facts

Price $998,000
Price Per SF $232
Sale Type Investment
Property Type Flex
Building Class B
Lot Size 0.15 AC
Rentable Building Area 4,308 SF
No. Stories 2
Year Built/Renovated 1925/2022
Parking Ratio 2.32/1,000 SF
Walk Score ®
Very Walkable (89)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R163236
  • R163237
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$256,650

zoning

Zoning Code CM2 (CM2 Zoned)
CM2 (CM2 Zoned)
  • Listing ID: 31915396

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: 7203-7205 SE Raymond St, Portland, OR 97206

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