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    1411 14Th Ave Portland, OR 97201

    Sponsored
    For Sale
    $1,450,000

    Prime Goose Hollow location, redevelopment potential.

    Property size:
    8,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 4,489 square foot, single-story office building situated on two contiguous lots totaling 8,500 square feet in Portland's desirable Goose Hollow neighborhood. The property, located at 1411 SW 14th Ave, boasts a convenient location near I-405. The building features 17 parking spaces and is zoned CXd, allowing for a base height of 180 feet and a maximum floor area ratio of 6:1, presenting significant redevelopment potential. Currently, the building comprises 3,589 square feet of vacant space (previously a veterinary clinic, ready for immediate occupancy) and 900 square feet of leased space. The asking price is $1,450,000. Built in 1982, this Class C multi-tenancy property offers a unique blend of existing income and future development possibilities. The property's address is 1411 SW 14th Ave, Portland, OR 97201, with Multnomah County APN numbers R246914 and R246918. This is an ideal opportunity for owner-users or investors seeking a prime location with substantial upside. The property is ready for immediate occupancy or redevelopment, making it a versatile asset in a thriving urban market. The vacant space is easily adaptable to various uses, and the existing lease provides immediate cash flow. Don't miss this chance to acquire a strategically located property with significant growth potential.

    Property Features for 1411 14Th Ave

    General Information

    Property type
    Retail properties
    Square Feet
    8,500 SF
    Class
    C

    Building Details

    Year Built
    1982
    Buildings
    1

    HighLights

    • Investment opportunity: Two‑lot, 8,500 SF site with a 4,489 SF single‑story building in Portland's Goose Hollow.
    • 8,500 SF total lot area comprised of two contiguous parcels.
    • 4,489 SF single‑story office building with 17 parking spaces.
    • CX zoning allows for 180‑foot height and 6:1 FAR, offering redevelopment potential.
    • Building features 3,589 SF of vacant space (former veterinary clinic) and 900 SF of leased space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Heather's Finest Dog ... Pet Groomer

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.68894921119
    Latitude
    45.51616388974

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    FAQs

    What type of property is this?
    Retail property - Prime Goose Hollow location, redevelopment potential.
    Where is this retail property located?
    The property is located at 1411 14Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Investment opportunity: Two-lot, 8,500 SF site with a 4,489 SF single-story building in Portland's Goose Hollow.; 8,500 SF total lot area comprised of two contiguous parcels.; 4,489 SF single-story office building with 17 parking spaces.
    Request Owner's contact information
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    Portland, OR 97201
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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
    1411 14Th Ave Portland, OR 97201
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