200 20Th Ave Portland, OR 97232

This exceptional 8,543 square foot office building, situated on a 0.34-acre lot in Portland's dynamic Lloyd District, presents a compelling investment opportunity. The property, known as the LorLin Building, boasts a distinctive Mid-Century Modern architectural style, designed in 1965 by Burton Goodrich. Recent capital improvements include a new roof with a 20-year warranty, minimizing future maintenance expenses. Planned exterior repainting will further enhance the building's curb appeal and attract tenants. The building benefits from its location in a bustling, walkable neighborhood with excellent access to public transportation and high foot traffic. Zoned RM3, the property offers versatile usage options. On-site parking adds to its convenience. Currently featuring a diverse tenant mix with a high retention rate, ensuring long-term stability, Suite 200 will be delivered vacant, providing a highly functional space ideal for various business types. This property offers strong income potential, minimal immediate capital expenditures, and a vibrant location, promising both short-term and long-term growth. The building's prime location and recent upgrades make it an attractive investment for owner-users seeking additional income streams. The combination of a desirable location, modern aesthetics, and low maintenance costs positions this property for significant return on investment.