220 NW 8th Ave - Loft/Creative Space FOR SALE
Portland, OR 97209 |
220 NW 8th Ave
Portland, OR 97209
HIGHLIGHTS
- Recent $18M Renovation: Between 2012 and 2017, the Collateral underwent an $18 million interior and building system upgrade
- Job growth and income in the Portland metropolitan area continue to outpace the national average in almost every industry, with technology
- Historic Tax Credits and Opportunity Zone location
- The Collateral has quick access to Steel Bridge, Burnside Bridge, the I-5 Freeway, and various Tri-Met Bus and Rail lines providing convenient access
- Prime location with walkable amenities
- The offering presents investors and users the opportunity to acquire a fully renovated asset at a small fraction of the replacement cost.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
US Custom House
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Loft/Creative Space
TOTAL BUILDING SIZE
67502
STORIES
5
BUILDING CLASS
B
YEAR BUILT
1901
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.87 AC AC
LAND SF
38,002 SF
ZONING
-
APN/PARCEL ID
R140516
