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    340 1St St Lake Oswego, OR 97034

    For Lease
    $38 SF/Yr ($10,994 /Mo)

    Class A Office Space, 2 Suites Available

    Lot size:
    3,472 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A commercial property, located at 340 1st St in Lake Oswego, Oregon, offers two available executive office suites within a 3,472 square foot building. The property is currently fully vacant, presenting a unique opportunity for immediate occupancy. The building is categorized as Retail, Office, and Restaurant, with the available spaces specifically designated as Executive Office and Commercial. Tenancy is multiple, allowing for flexibility in lease terms and configurations. Each suite offers a minimum of 1,148 square feet, with a maximum contiguous space of 2,324 square feet. The building's location in Clackamas County, Oregon, provides convenient access to local amenities and transportation networks. The property's "A" class designation reflects its high-quality construction and finishes, making it an ideal location for discerning businesses seeking a prestigious address in Lake Oswego. The zip code is 97034. This is a rare opportunity to secure prime office space in a desirable location. The entire building is available for lease.

    Property Features for 340 1St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,472 SF
    Class
    A
    Total Rate
    10994.67

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,148 SF
    Rate per SF
    $38
    Space
    Available Space
    Size
    2,324 SF
    Rate per SF
    $38
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage 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
    -122.6645979
    Latitude
    45.4185133

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    FAQs

    What type of property is this?
    Restaurant - Class A Office Space, 2 Suites Available
    Where is this restaurant located?
    The property is located at 340 1St St Lake Oswego, OR.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    Request Owner's contact information
    340 1St St Lake Oswego, OR 97034
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    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
    340 1St St Lake Oswego, OR 97034
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