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    18210 Burnside St Portland, OR 97233

    Sponsored
    For Sale
    $1,425,000

    7,200 SF Office, Owner/User Opportunity

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,200 square foot executive office building presents a unique owner/user or investment opportunity in Portland's desirable Rockwood Town Center area. Situated on a spacious 17,622 square foot lot, this two-story building features four suites on each floor, each with its own restroom. Three suites are currently vacant, while the remaining tenants are on month-to-month agreements, offering flexibility for the new owner. The property boasts 25 off-street parking spaces and a prominent monument sign facing E Burnside Street. Conveniently located along the MAX Light Rail line, a one-minute walk from the E 181st Avenue stop, this property enjoys a Walk Score of 84 (Very Walkable), a Transit Score of 54 (Good Transit), and a Bike Score of 78 (Very Bikeable). All HVAC units are scheduled for replacement in September, ensuring efficient and modern climate control. The property is zoned for Rockwood Town Center (RTC), offering diverse development potential. This is a rare opportunity to acquire a well-located, versatile office building in a thriving community.

    Property Features for 18210 Burnside St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,200 SF

    Building Details

    Stories
    2

    HighLights

    • Owner/User or Investment Opportunity
    • HVAC unit replacement scheduled for September
    • Each suite includes a private restroom
    • 25 off‑street parking spaces
    • Prominent monument signage on E Burnside Street
    • Located one minute from the MAX Light Rail (E 181st Ave stop)
    Property Profile Location Intelligence

    Current Use by Public Records

    Advance Treatment Center, ... Addiction Treatment Center

    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
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.4755992
    Latitude
    45.5216062

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    FAQs

    What type of property is this?
    Office Property / Space - 7,200 SF Office, Owner/User Opportunity
    Where is this office property / space located?
    The property is located at 18210 Burnside St Portland, OR.
    What is the asking price?
    The asking price for this property is $1,425,000.
    What are key features of this property?
    This property features: Owner/User or Investment Opportunity; HVAC unit replacement scheduled for September; Each suite includes a private restroom
    (503) 227-2500
    Request Owner's contact information
    18210 Burnside St Portland, OR 97233
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    Portland, OR 97233
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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
    18210 Burnside St Portland, OR 97233
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