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5311-5315 N Vancouver Ave 3,882 SF Vacant Office Building Portland, OR 97217 $1,928,822 CAD ($496.86 CAD/SF)
INVESTMENT HIGHLIGHTS
- Rare stand alone medical outpatient building in the Humboldt neighborhood.
- On-site surface parking plus street availability
- Turnkey medical clinic featuring a welcoming waiting area, traditional exam rooms, a lab, and three ADA restrooms
- Highly visible and easily accessible corner lot
- Previous use of primary care creates savings on SDC/TIF fees
- Monument sign for added exposure
EXECUTIVE SUMMARY
Medical Office in Highly Accessible North Portland Location
Offered at $1,400,000, this beautifully maintained medical office presents an outstanding owner-user opportunity in the heart of North Portland. Situated on a 10,665 SF (.15 AC) lot, the 3,882 SF building was originally constructed in 1949 and has been thoughtfully upgraded throughout—including full ADA accessibility with ramps at both entrances and wide hallways and doorways.
The property features 10 exclusive, secured parking stalls (2.5:1,000) and a newly resurfaced asphalt parking lot completed in spring 2024. Inside, the space is bright and inviting, with natural light and skylights throughout. The current buildout, formerly used as a primary care medical clinic, includes a welcoming reception and waiting area, multiple exam rooms, a spacious laboratory, three ADA-compliant bathrooms, two kitchen areas, a large conference room, a dry basement for storage, and a covered private staff patio. Additional amenities include a separate clinicians’ kitchen and staff lunchroom.
As part of the Interstate Corridor Urban Renewal Area, the property benefits from reduced SDC/TIF fees and excellent accessibility from I-5, I-84, and public transportation. It offers monument signage and exceptional visibility for your practice.
Located just minutes from PCC Cascade Campus, North Williams, Vancouver Avenue, Mississippi Avenue, and the Alberta Arts District, this site is surrounded by some of Portland’s most vibrant neighborhoods, restaurants, and retail.
Offered at $1,400,000, this beautifully maintained medical office presents an outstanding owner-user opportunity in the heart of North Portland. Situated on a 10,665 SF (.15 AC) lot, the 3,882 SF building was originally constructed in 1949 and has been thoughtfully upgraded throughout—including full ADA accessibility with ramps at both entrances and wide hallways and doorways.
The property features 10 exclusive, secured parking stalls (2.5:1,000) and a newly resurfaced asphalt parking lot completed in spring 2024. Inside, the space is bright and inviting, with natural light and skylights throughout. The current buildout, formerly used as a primary care medical clinic, includes a welcoming reception and waiting area, multiple exam rooms, a spacious laboratory, three ADA-compliant bathrooms, two kitchen areas, a large conference room, a dry basement for storage, and a covered private staff patio. Additional amenities include a separate clinicians’ kitchen and staff lunchroom.
As part of the Interstate Corridor Urban Renewal Area, the property benefits from reduced SDC/TIF fees and excellent accessibility from I-5, I-84, and public transportation. It offers monument signage and exceptional visibility for your practice.
Located just minutes from PCC Cascade Campus, North Williams, Vancouver Avenue, Mississippi Avenue, and the Alberta Arts District, this site is surrounded by some of Portland’s most vibrant neighborhoods, restaurants, and retail.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,882 SF
Building Class
C
Year Built
1949
Price
$1,928,822 CAD
Price Per SF
$496.86 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,882 SF
Slab To Slab
8’
Building FAR
0.59
Lot Size
0.15 AC
Zoning
CM1
Parking
10 Spaces (2.58 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Hands On Medicine
- Health Care and Social Assistance
- -
- -
- Modified Gross
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Hands On Medicine | Health Care and Social Assistance | - | - | Modified Gross | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | R297877 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $510,118 CAD |
PROPERTY TAXES
Parcel Number
R297877
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$510,118 CAD
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5311-5315 N Vancouver Ave
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