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    1645 Hoyt St Portland, OR 97209

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    For Sale
    Contact for pricing

    7,500 SF Office, Owner/User Opportunity

    Property size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,500 square foot executive office building at 1645 NW Hoyt Street in Portland, Oregon, presents a unique owner-user opportunity. Built in 1952 and completely upgraded, including seismic improvements, this property boasts a high-end buildout with a flexible configuration ideal for a variety of businesses. The building is situated on a 13,033 square foot lot in a desirable Northwest Portland location, offering convenient access to Slabtown and the Pearl District. The interior features an open and adaptable workspace, complemented by dedicated conference and break areas, fostering a productive and comfortable environment. Six dedicated, fenced off-street parking spaces provide ample parking for employees and clients. Zoned CM3 (Commercial Mixed Use 3, City of Portland), this property offers significant potential for a discerning buyer seeking both prime location and a meticulously maintained building. The investment highlights include a high-end buildout, flexible space configuration, dedicated off-street parking, and the significant advantage of owner-user control over expenses. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Portland neighborhood. The property's combination of modern amenities, desirable location, and owner-user potential makes it an exceptional investment.

    Property Features for 1645 Hoyt St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,500 SF

    Building Details

    Year Built
    1952

    HighLights

    • High‑end buildout with flexible configuration.
    • Six dedicated off‑street parking spaces.
    • Owner‑user opportunity.
    • Control over ownership expenses.
    Property Profile Location Intelligence

    Current Use by Public Records

    C2K Architecture, Inc. Architect

    Suggested Use

    Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6878904
    Latitude
    45.5273383

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    FAQs

    What type of property is this?
    Office Property / Space - 7,500 SF Office, Owner/User Opportunity
    Where is this office property / space located?
    The property is located at 1645 Hoyt St Portland, OR.
    What are key features of this property?
    This property features: High-end buildout with flexible configuration.; Six dedicated off-street parking spaces.; Owner-user opportunity.
    Request Owner's contact information
    1645 Hoyt St Portland, OR 97209
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    Portland, OR 97209
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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
    1645 Hoyt St Portland, OR 97209
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