3939 NE Hancock St - Office FOR SALE


Portland, OR 97212- Hollywood
$4,500,000 USD
3939 NE Hancock St, Portland, OR for Sale
$4,500,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

3939 NE Hancock St
Portland, OR 97212
Hollywood


HIGHLIGHTS

  • 45 office suites, including 2 storefront commercial
  • Reception and guest lobby entrance
  • Conference room
  • Tenant mail room and kitchen
  • Most all suites have private bathrooms
  • Elevator

OVERVIEW

Prime Hollywood District investment opportunity with strong occupancy History. Designed to serve small businesses, the property offers access to a full-time reception area, shared kitchen and mail room, 11 off street parking spaces and conference room. Most units featuring en-suite layouts and individual temperature control. A well positioned asset in the heart of one of the most popular neighborhood commerce areas in inner NE Portland.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hollywood Professional Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C2, Portland CSD

APN/PARCEL ID

R262712

ASK ABOUT THIS PROPERTY

Stacey NelsonRealty TrustMore Info

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