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4949 South Macadam Ave Portland, OR 97239

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For Sale
$3,990,000

17,657 SF office building in South Portland, 100% leased.

Property size:
17,657 SF

Property Features for 4949 South Macadam Ave

General Information

Size
17,657 SF

Building Details

Year built
1979

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Listing Contact
Nicholas Diamond
Source: Corfac

Listing Agent: Nicholas Diamond

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

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Overview

Leased Office Building For Sale

This 17,657 square foot office building is located in South Portland, near downtown and the Willamette River, and close to retail and dining locations such as Elephants on Corbett, Jolly Rodger, and Starbucks. The building is currently 100% leased until May 15, 2028, presenting an opportunity for an owner-user or re-leasing scenario. Renovated in 2017, the property also received a partial new roof in 2024. The building features a coworking/creative office buildout on both floors, with 6,007 square feet on the ground floor and 11,650 square feet on the second floor. There are 51 off-street parking spaces, providing a parking ratio of 2.8 spaces per 1,000 square feet.
Location Intelligence

Current Use by Public Records

Urban Office Coworking Space ShiloRune Website Designer Ideagility Marketing Agency Nebo Agency Marketing Agency Fuze7 Digital Marketing Marketing Agency

Suggested Use

Realty agency Restaurant Law Firm 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
Portland
County
Washington
State
Oregon
Longitude
-122.6758042
Latitude
45.4876237

FAQs

What type of property is this?
Office building - 17,657 SF office building in South Portland, 100% leased.
Where is this office building located?
The property is located at 4949 South Macadam Ave Portland, OR.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: - 100% Leased until May 15, 2028, providing immediate income.; - Opportunity for Owner-User after lease expiration or Value Add Investment.; - Located in Prime Johns Landing Neighborhood near Downtown and the Willamette River.
More about this property
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