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    101 State St Lake Oswego, OR 97034

    Sponsored
    For Lease
    $38 SF/Yr

    Lake Oswego, OR: Prime Restaurant & Retail Suites Available

    Lot size:
    102,809 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail and restaurant property, located at 101 S State St in the heart of Lake Oswego, Oregon (zip code 97034), offers two available suites within a beautifully remodeled center. Built in 1959 and extensively renovated in 2020, the Oswego Village boasts a total of 102,809 square feet and benefits from a strong anchor tenant lineup including Whole Foods and ACE Hardware. The property features multiple tenancies, providing a vibrant and bustling atmosphere. Currently, 4,614 square feet are available for lease, divided into two distinct suites. Suite 5015 offers 2,731 square feet of retail or service space, with a lease rate of $38 per square foot, plus NNN charges. This suite is immediately available. Suite 3130, ideal for a restaurant or café, comprises 1,883 square feet and commands a lease rate of $45 per square foot, plus NNN charges. This space is currently leased. The minimum divisible space is 1,883 square feet, while the maximum contiguous space available is 2,731 square feet. This prime location provides excellent visibility and accessibility, making it an ideal opportunity for businesses seeking a thriving environment in a highly desirable area of Lake Oswego. The property's modern amenities and strong tenant mix create a compelling investment opportunity.

    Property Features for 101 State St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,809 SF
    Class
    A
    Total Rate
    325561.83

    Building Details

    Year Built/Renovated
    1959/2020

    Unit(s) available at that property

    Space
    Suite 5105
    Size
    2,731 SF
    Rate per SF
    $38

    HighLights

    • Retail/service/restaurant spaces available in Downtown Lake Oswego, anchored by Whole Foods & ACE Hardware.
    • Strong co‑tenancy including Whole Foods, ACE Hardware, and other established businesses.
    • Prime downtown Lake Oswego location on State Street, near numerous amenities and attractions.
    • Excellent proximity to Lake Oswego's vibrant retail, dining, and entertainment scene.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Oswego
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.66327345
    Latitude
    45.41560882

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    FAQs

    What type of property is this?
    Restaurant - Lake Oswego, OR: Prime Restaurant & Retail Suites Available
    Where is this restaurant located?
    The property is located at 101 State St Lake Oswego, OR.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: Retail/service/restaurant spaces available in Downtown Lake Oswego, anchored by Whole Foods & ACE Hardware.; Strong co-tenancy including Whole Foods, ACE Hardware, and other established businesses.; Prime downtown Lake Oswego location on State Street, near numerous amenities and attractions.
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    101 State St Lake Oswego, OR 97034
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    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
    101 State St Lake Oswego, OR 97034
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