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Property profile & analytics

1405 Johnson St Portland, OR 97209-2754

  • Commercial real estate
  • 121,417 SF
OFF-MARKET
Last Sale
May 13, 2025
$6,646,250
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US71-1774906
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • REI Bike Shop / Bicycle Repair Shop / Bicycle Shop

Property Details for 1405 Johnson St

Year built
2004
Property size
121,417 SF
Zone code
EXD
Property type
Commercial real estate
APN
1N1E33AD 60002
APU
1N1E33AD60002

Description

This exceptional mixed-use property, located in Portland's coveted Pearl District, offers 134,500 square feet of prime commercial space. The building features 37,849 square feet of retail/office space ideal for a corporate headquarters or high-profile retail tenant, complemented by a 96,651 square foot, 226-stall covered and secured parking garage. Boasting 200 feet of street glassline on NW 14th Street and a rooftop branding opportunity visible from Interstate 405, this Class A building presents unparalleled visibility. Situated beneath 123 high-end residential condo units, this property benefits from significant foot traffic and a vibrant surrounding community. Constructed in 2003, the two-story building holds a LEED Platinum Certification, reflecting its commitment to sustainability. The property is currently vacant, presenting a unique opportunity for an owner/user seeking a value-add investment. The permitted zoning is EX, and the Assessor's Parcel Number (APN) is R546802. This is a rare opportunity to acquire a high-profile, mixed-use asset in one of Portland's most desirable neighborhoods. The asking price is $10,000,000, with a price per square foot of $74.35.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Portland
County
Multnomah
State
Oregon
Longitude
-122.686
Latitude
45.529
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$361,506
$0.00
$0.00
$13,669,560
-
$0.00
$21,279,000
$21,279,000
More about this property
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