Current Use by Public Records
- Mixed-use properties
Property Details for 17131 Lower Boones Ferry Rd
- Property type
- Mixed-use properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Oswego
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.734
- Latitude
- 45.4017
