4747 Kelly Ave Portland, OR 97239
- Office Properties & Spaces
- 6,681 SF
- 0.41 lot acres
Current Use by Public Records
- Commercial Finance Group / Financial Institution
Property Details for 4747 Kelly Ave
- Year built
- 1965
- Lot size
- 0.41 lot acres
- Property size
- 6,681 SF
- Zone code
- C02D
- Property type
- Office Properties & Spaces
- APN
- 1S1E15BA 03200
- APU
- 1S1E15BA03200
Description
This exceptional 6,681 square foot traditional office building, located at 4747 S Kelly Avenue in Portland, Oregon, presents a compelling investment opportunity. Priced at $2,370,000 ($354.74/SF), the property boasts a vacant tenancy, offering immediate occupancy for an owner-user or the potential for substantial rental income through leasing to multiple tenants. The building sits on a 17,680 square foot lot and features ample parking with 15 spaces. Its CM2 zoning provides flexibility for a variety of uses. The property enjoys excellent visibility from S Macadam Avenue/Highway 43, ensuring high traffic exposure and brand recognition. Its strategic location offers close proximity to the OHSU South Waterfront Campus, providing easy access to a large pool of potential tenants and employees. Furthermore, its convenient access to major freeways and downtown Portland enhances its appeal and accessibility. The flexible layout allows for customization to suit diverse business needs, whether a single occupant desires the entire space or a landlord seeks to maximize rental income by dividing the space for multiple tenants. This property represents a rare opportunity to acquire a well-located, versatile office building in a thriving Portland neighborhood.
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
- -122.675
- Latitude
- 45.489
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
