8101 Glisan StPortland, OR 97213

Property Details for 8101 Glisan St

Year built

1993

Lot size

0.55 AC

Property size (Sq ft)

3,360 SF

Zone code

CG

Property type

Retail properties

Property subtype

Auto shops

APN

1N2E32AD 19200

APU

1N2E32AD19200

Description

This exceptional 2,500-square-foot office space, located at 8101 NE Glisan St in Portland, Oregon's vibrant Montavilla neighborhood (zip code 97213), presents a unique opportunity. Built in 1993 and extensively renovated in 2020, this single-tenant property offers a blend of modern amenities and classic appeal. The space boasts a thoughtfully designed layout including ample workstations, five private offices, a welcoming lobby area, a convenient break room, and two bathrooms. High-end finishes are evident throughout, featuring extensive tile work, extra-large windows with coverings allowing abundant natural light, and contemporary plumbing and lighting fixtures. Durable, hard-surface flooring adds both style and practicality. The property also features a unique advantage: two garage doors. The building is a single-story structure, zoned CE. Its prime location offers easy access to I-205 and benefits from a high BikeScore of 99, placing it within easy reach of numerous dining establishments. This property is ideal for businesses seeking a stylish and functional workspace in a thriving, amenity-rich neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,356,601

  6.5%

  $1,252,247

  7%

  $1,162,801

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,630,613

  Geo Method

  $1,630,613

• Alternative Use

  Use

  Valuation

  Residential

  $1,056,317

  Hospitality

  $967,581

  Educational

  $805,016

  Medical

  $832,702

  Retail

  $1,252,247

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5268

Longitude

-122.58

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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