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202-204 NE Kelly Ave 4,000 SF 100% Leased Office Building Gresham, OR 97030 $1,067,879 CAD ($266.97 CAD/SF) 5.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Downtown Gresham location
- Significant development surounding this location
- Off-street parking
EXECUTIVE SUMMARY
Excellent downtown Gresham location! Flexible space from 1-6 units. Currently 100% occupied by 3 tenants. Leases expire in September 2025 and December 2025 if an owner user needs to occupy the entire space. Long term tenants would likely extend for an investor.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| 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 (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,000 SF
Building Class
C
Year Built
1957
Price
$1,067,879 CAD
Price Per SF
$266.97 CAD
Cap Rate
5.20%
NOI
$55,488 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.37
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
DCC
Parking
13 Spaces (3.25 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Silver V Construction Mgt
- Construction
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Silver V Construction Mgt | Construction | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $702,742 CAD (2025) | |
| Land Assessment | $7,756 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,756 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$702,742 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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202-204 NE Kelly Ave
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