194 Beverly Drive Oregon City, OR 97045

Building Details

Year Built

2001

Listing office Macadam Forbes k***@macadamforbes.com Show Phone

Listing date Nov 25, 2025

Source Macadamforbes

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

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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 Drive 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.