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    2324 Caruthers St Portland, OR 97214

    Sponsored
    For Lease
    $15 SF/Yr ($10,666 /Mo)

    Prime Portland Office: 4,040 SF Available

    Lot size:
    8,020 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office space, located at 2324 SE 11th Avenue / 1115 SE Caruthers Street in Portland, Oregon, presents a unique leasing opportunity. The property, built in 1983, offers a total of 8,020 square feet, with 4,040 square feet currently vacant and ready for immediate occupancy. The single-tenant space benefits from abundant natural light and a flexible floor plan, allowing for customization to suit diverse business needs. The property sits on a 9,994 square foot lot and is zoned EX, providing ample space and flexibility. Convenient access to local amenities and public transportation enhances its appeal. The building includes eight parking spaces for staff and clients. This modern property offers a contemporary architectural design, creating a clean and dynamic work environment. Located in Multnomah County, zip code 97214, this property provides a strategic location within Portland's Central Eastside, ideal for businesses seeking a prominent and accessible address. The property's size and features make it suitable for a variety of executive office uses. Don't miss this chance to establish your business in a thriving Portland neighborhood.

    Property Features for 2324 Caruthers St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,020 SF
    Total Rate
    10666.6

    Building Details

    Year Built
    1983

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,040 SF
    Rate per SF
    $15

    HighLights

    • Modern architectural design in a contemporary style.
    • Abundant natural light throughout the 4,040 SF vacant space.
    • Flexible floor plan easily customizable to tenant needs.
    • Convenient access to public transportation and local amenities.
    • Prime location in Portland's Central Eastside, Multnomah County (97214).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6544911
    Latitude
    45.5061147

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Portland Office: 4,040 SF Available
    Where is this office property / space located?
    The property is located at 2324 Caruthers St Portland, OR.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Modern architectural design in a contemporary style.; Abundant natural light throughout the 4,040 SF vacant space.; Flexible floor plan easily customizable to tenant needs.
    Request Owner's contact information
    2324 Caruthers St Portland, OR 97214
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    Portland, OR 97214
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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
    2324 Caruthers St Portland, OR 97214
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