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Property profile

17131 Lower Boones Ferry Rd Lake Oswego, OR 97035

OFF-MARKET
Mixed-use properties
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Property summary

AI-generated overview

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

Verified
Property type Mixed-use properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17131 Lower Boones Ferry Rd Lake Oswego, OR 97035
Lake Oswego metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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