4023-4029 Tillamook St Portland, OR 97212
- Office Properties & Spaces
- 3,132 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4023-4029 Tillamook St
- Year built
- 1958
- Property size
- 3,132 SF
- Property type
- Office Properties & Spaces
Description
This exceptional freestanding commercial building, located at 4023-4029 NE Tillamook St in Portland, Oregon's vibrant Hollywood district, presents a unique investment opportunity. The property boasts a total of 3,132 square feet, thoughtfully divided into three separate tenant suites on the main floor (2,449 SF) and a 683 SF basement. Situated on a prominent corner lot spanning 5,000 square feet, this 1958-built structure offers excellent visibility and accessibility. The CM1 zoning provides remarkable flexibility, permitting a wide range of uses including office, retail, daycare, and medical clinics. The current configuration allows for continued multi-tenant occupancy or the potential to consolidate the space into a single, expansive unit for an owner-occupier. Each suite features a substantial office build-out and includes its own restrooms. Ample parking is available both on-site and conveniently nearby on the street. Building signage is also a possibility, enhancing visibility and branding opportunities. This property represents a compelling chance to acquire a well-located, versatile commercial building in a thriving Portland neighborhood. The asking price is $875,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.621
- Latitude
- 45.5379
