5311-5315 N Vancouver Ave - Medical FOR SALE


Portland, OR 97217- Humboldt
$1,400,000 USD
503-679-9243
5311-5315 N Vancouver Ave, Portland, OR for Sale
$1,400,000 USD
Medical - FOR SALE
1/79
null | Request Cap Rate

NEW


5311-5315 N Vancouver Ave
Portland, OR 97217
Humboldt


HIGHLIGHTS

  • Rare stand alone medical outpatient building in the Humboldt neighborhood.
  • Highly visible and easily accessible corner lot
  • On-site surface parking plus street availability
  • Previous use of primary care creates savings on SDC/TIF fees
  • Turnkey medical clinic featuring a welcoming waiting area, traditional exam rooms, a lab, and three ADA restrooms
  • Monument sign for added exposure

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CM1

APN/PARCEL ID

R297877

ASK ABOUT THIS PROPERTY

Hope BerakaThink Real EstateMore Info
503-679-9243

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Hope BerakaThink Real EstateMore Info
503-679-9243

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