1125 Division StPortland, OR 97202

Property Details for 1125 Division St

Year built

1965

Lot size

0.29 AC

Property size (Sq ft)

12,896 SF

Zone code

EXD

Property type

Retail properties

Property subtype

Retail space

APN

1S1E02CD 08400

APU

1S1E02CD08400

Description

This exceptional executive office space at 1125 SE Division Street in Portland, Oregon, offers a unique opportunity for businesses seeking flexible and modern workspace. Located just five blocks north of US Highway 26 (Powell Boulevard) at the northwest corner of SE Division and 12th Avenue, this property boasts excellent visibility and accessibility. The building totals 13,036 square feet and features a multi-tenant configuration, providing a diverse and vibrant work environment. Individual suites range from a minimum of 266 square feet to a maximum of 3,547 square feet, allowing for scalability to accommodate various business needs. Currently, there are 12 available spaces totaling 6,121 square feet of vacant, ready-to-occupy office space. The largest contiguous space available is 1,876 square feet, ideal for expanding businesses or those requiring larger collaborative work areas. The property's classification as both retail and office space suggests a versatile environment suitable for a range of businesses. The 97202 zip code places this property in a thriving Portland neighborhood, offering convenient access to amenities and transportation. This is an excellent opportunity to secure prime office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,206,762

  6.5%

  $4,806,242

  7%

  $4,462,940

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,258,450

  Geo Method

  $6,258,450

• Alternative Use

  Use

  Valuation

  Residential

  $4,054,245

  Hospitality

  $3,713,667

  Educational

  $3,089,727

  Medical

  $3,195,988

  Retail

  $4,806,242

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5051

Longitude

-122.654

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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