1631 SW Jefferson St - R&D FOR SALE


Portland, OR 97201- Goose Hollow
$1,700,000 USD
503-310-9973
1631 SW Jefferson St, Portland, OR for Sale
$1,700,000 USD
R&D - FOR SALE
1/8
null | Request Cap Rate

1631 SW Jefferson St
Portland, OR 97201
Goose Hollow


HIGHLIGHTS

  • ±9,846 SF flexible building – ideal for warehouse, showroom, or office conversion
  • Prime Goose Hollow location near Multnomah Athletic Club, Providence Park & Lincoln High School
  • Development-ready CXd zoning – 4:1 FAR with bonus height potential up to 165’
  • Month-to-month tenant – income in place, vacant delivery possible within 30 days
  • Highly accessible transit hub – Walk Score 98, Transit Score 96, Bike Score 85
  • Dense and affluent trade area – 47,000 residents and 118,000+ workers within one mile

OVERVIEW

Prime owner/user, investor, or redevelopment opportunity in Portland’s Goose Hollow neighborhood. The ±9,846 SF building (approximately 60% warehouse / 40% showroom & office) sits on a ±10,072 SF corner lot with CXd zoning, a 4:1 FAR, and height potential up to 165’, supporting future multifamily redevelopment. The property is also available for lease at $1.00/SF/Mo. NNN, offering flexibility for users or investors. Currently occupied by a single tenant on a month-to-month lease, the space can be delivered vacant with 30 days’ notice. Located directly across from the Multnomah Athletic Club, near Providence Park (home of the Portland Timbers & Thorns) and Lincoln High School, the site benefits from strong visibility, excellent transit access (MAX light rail and Portland Streetcar), and proximity to several new residential developments. Offered at $1,700,000, this property combines in-place income potential with exceptional long-term redevelopment upside in one of Portland’s most active mixed-use districts.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Portland Flex Building

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

ADD'L SUBTYPES

Storefront, Warehouse, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,019

ZONING

CXD

APN/PARCEL ID

R145220

ASK ABOUT THIS PROPERTY

Joseph SandahlCompass Commercial Real Estate ServicesMore Info
503-310-9973

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Joseph SandahlCompass Commercial Real Estate ServicesMore Info
503-310-9973

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.