Property summary
This exceptional 6,000 square foot mixed-use building presents a compelling investment opportunity in the highly desirable Lake Oswego, Oregon market. Located at 17131 Lower Boones Ferry Rd, 97035, this single-story, Class B property sits on over half an acre of prime real estate. Previously operating as a veterinary clinic and animal boarding facility for over 35 years, the building is currently vacant and offers immense flexibility. Zoned IP, it's ideally suited for a variety of uses, including retail, medical, or office space. The property includes 19 parking spaces, a significant advantage in this location. With established market rents of $34 per square foot plus NNN, this property offers strong potential for substantial returns. The asking price is $2,440,000, representing a pro-forma cap rate of 100%. This is a rare opportunity to acquire a versatile property in one of Oregon's premier markets. The property's size, location, and zoning make it an exceptional investment prospect with significant upside potential. Don't miss this chance to secure a prime piece of Lake Oswego real estate.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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