Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    194 Beverly Dr Oregon City, OR 97045

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office building in Oregon City with conversion potential.

    Property Features for 194 Beverly Dr

    General Information

    Zoning
    MUC1, Oregon City

    Building Details

    Year built
    2001

    Source: Kevin VandenBrink Agent Kevin VandenBrink

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oregon City Office Building Opportunity

    Located in Clackamas County, 13 miles southeast of Portland, Oregon City sits on the Willamette River. The building is situated in close proximity to The Courthouse Replacement Project, which has a projected completion year of 2024. The property was originally built-to-suit with specific improvements for a tenant who occupied the space since 2001 under a 10-year original lease, with two subsequent five-year options at fixed rents, both of which were executed. The tenant's lease expired on February 18, 2022, and they are expected to vacate the building. While initially designed for a specific tenant, the building is suited for conversion to other professional or medical uses. Oregon City's topography includes three terraces, resulting in an elevation range from 50 feet to over 250 feet above sea level. Oregon City is easily accessible from Portland via I-205, OR 43, OR 99E and OR 213.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oregon City
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.592636
    Latitude
    45.3386315

    Nearby Similar for Sale

    • $300,000
      2,500 SF

      Established Cannabis Cultivation Operation

      Licensed Tier II cannabis farm with expansion potential near Portland.
      S Geiger Rd, Oregon City, OR 97045
      View Details
    • $589,000
      1,830 SF

      Updated Triplex Near Downtown

      Well-maintained triplex with updated units and strong rental history.
      114 S John Adams St, Oregon City, OR 97045
      View Details
    • $1,550,000
      7,800 SF

      Oregon City Mixed-Use Building

      Mixed-use building in high-traffic area with retail and residential potential.
      222 Molalla Ave, Oregon City, OR 97045
      View Details
    • New
      $1,150,000
      19.70 Acres

      Productive Farmland with Country Living

      19+/- acre property with fertile soil and vintage home.
      22876 Highway 213 S, Oregon City, OR 97045
      View Details
    • $725,000

      Acre Retreat with Modern Comforts

      Spacious 3-bedroom home on an acre with shop and RV parking.
      22270 S Kamrath Rd, Oregon City, OR 97045
      View Details
    • Contact for pricing
      7,900 SF

      Singer Hill Building in Oregon

      Charming building with cafe, office, and warehouse space.
      611-623 7Th St, Oregon City, OR 97045
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in Oregon City with conversion potential.
    Where is this office building located?
    The property is located at 194 Beverly Dr Oregon City, OR.
    What are key features of this property?
    This property features: - Short-term cash flow opportunity with a **7.2% Cap Rate** on existing income.; - Building suited for conversion to other professional/medical uses.; - Located in Oregon City, Clackamas County, 13 miles southeast of Portland.
    (503) 972-7289
    Request Owner's contact information
    194 Beverly Dr Oregon City, OR 97045
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    194 Beverly Dr
    Oregon City, OR 97045
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    194 Beverly Dr Oregon City, OR 97045
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.