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    River Rd Wilmington, NC 28412

    For Sale
    Contact for pricing

    Class A Office Space, Downtown Lake Oswego

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A office space, part of a redeveloped shopping center, offers two available suites totaling 3,472 square feet. Located in the heart of downtown Lake Oswego, this highly visible property boasts a prime location across from Lake View Village, a thriving specialty retail center anchored by high-profile tenants such as Chico's, Grapevine, and Kassab Jewelers. The building's strategic placement is adjacent to Millennium Plaza Park, home to the popular Lake Oswego Farmers' Market, ensuring high foot traffic and visibility. The space is ideal for executive offices or commercial professional services, with suites ranging from a minimum of 1,148 square feet to a maximum contiguous space of 2,324 square feet. The redevelopment includes upscale retail and restaurant spaces, luxury apartments, and convenient underground parking for residents, retail tenants, and commercial occupants. This vibrant location is surrounded by a thriving community of businesses, including Salt & Straw Ice Cream, Bamboo Sushi, and many other popular establishments. The property offers a unique opportunity to establish a presence in a highly desirable and accessible area of Lake Oswego. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two tenants to occupy separate suites.

    Property Features for 0 River Rd

    General Information

    Property type
    Land
    Lot Size
    40,075 SF

    HighLights

    • Class A, 3,472 SF retail/office/restaurant space available for lease in Lake Oswego, Clackamas County.
    • Two suites available, ranging from 1,148 SF to 2,324 SF.
    • High‑visibility location in downtown Lake Oswego, across from Lake View Village and adjacent to Millennium Plaza Park.
    • Part of a redeveloped shopping center with upscale retail, restaurants, and office space, plus luxury apartments and underground parking.
    • Join established tenants including Salt & Straw, Bamboo Sushi, and other high‑profile businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.920991
    Latitude
    34.1208649

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    FAQs

    What type of property is this?
    Land - Class A Office Space, Downtown Lake Oswego
    Where is this land located?
    The property is located at River Rd Wilmington, NC.
    What are key features of this property?
    This property features: Class A, 3,472 SF retail/office/restaurant space available for lease in Lake Oswego, Clackamas County.; Two suites available, ranging from 1,148 SF to 2,324 SF.; High-visibility location in downtown Lake Oswego, across from Lake View Village and adjacent to Millennium Plaza Park.
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    River Rd Wilmington, NC 28412
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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
    River Rd Wilmington, NC 28412
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