3536 26Th Ave Portland, OR 97202
- Specialty properties
- 9,490 SF
- 0.54 lot acres
Current Use by Public Records
- SEIU Local 49 / Labor Union
- SEIU UHW West & Joint Employer / Labor Union
Property Details for 3536 26Th Ave
- Year built
- 1926
- Lot size
- 0.54 lot acres
- Property size
- 9,490 SF
- Zone code
- CG
- Property type
- Specialty properties
- APN
- 1S1E12CB 13601
- APU
- 1S1E12CB13601
Description
This exceptional 9,490 square foot executive office building, located at 3536 SE 26th Ave in Portland, Oregon's desirable Multnomah County (zip code 97202), presents a unique investment opportunity. Built in 1926, the property boasts three levels of office space, meeting areas, and ample storage, all within a stand-alone structure. The building features an elevator for convenient access to all floors and benefits from extensive renovations throughout its history. The property sits on a substantial 23,388 square foot lot and is zoned CM2, offering considerable flexibility for future development. While the existing structure requires attention to some long-term structural concerns, this presents a potential path towards redevelopment. Ample parking is available on-site. Note that the seller may require a short-term leaseback of a few months following the closing of the sale. This property is priced at $2,600,000 and offers a compelling blend of existing functionality and significant redevelopment potential in a highly sought-after Portland location. The property's unique character and substantial lot size make it an attractive proposition for discerning investors.
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
- -122.639
- Latitude
- 45.4973
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
