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4509-4511 SE Cesar E Chavez Blvd
Portland, OR 97202
Office Property For Sale
Investment Highlights
- 50% Occupied
- Proforma Cap - $7.2%
- Proforma NOI - $144,000
Executive Summary
Oregon Bud Company is the current tenant occupying approx. 1/2 of the building. The other 1/2 is currently vacant and office tenant ready. The Oregon Bud Company is the Seller and is willing to stay in place with guaranteed rents for the investment buyer or vacate with adequate notice for an owner user buyer. The flexible CM1 Zone allows for multiple uses to occupy either the entire building or the remaining 50% with uses such as Medical, Daycare, Religious and Schools.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,778 SF
Building Class
B
Year Built/Renovated
1958/1992
Price
$2,780,540 CAD
Price Per SF
$735.98 CAD
Cap Rate
6%
NOI
$166,832 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,778 SF
Building FAR
0.27
Lot Size
0.32 AC
Zoning
R1
Parking
17 Spaces (4.49 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | R172262 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $386,745 CAD |
Property Taxes
Parcel Number
R172262
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$386,745 CAD
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