1140 Washington St Portland, OR 97205
- Apartment buildings
- 522,227 SF
- 0.23 lot acres
Current Use by Public Records
- Panic / Software Company
- Townsend Hyatt / Attorney
- Orrick / Attorney / Law Firm
- Parking NW - 11W Parking Garage / Parking Garage
- JGP Wealth Management / Financial Planner / Financial Consultant
Property Details for 1140 Washington St
- Year built
- 2022
- Lot size
- 0.23 lot acres
- Property size
- 522,227 SF
- Zone code
- RXD
- Property type
- Apartment buildings
- APN
- 1N1E33DD 02200
- APU
- 1N1E33DD02200
Description
This exceptional six-story mixed-use building in Portland's West End offers up to 4,922 square feet of ground floor retail space, divisible into units as small as 2,378 square feet. Located in a private security district, the property boasts world-class design by ZGF Architects, featuring a striking Japanese steel exterior and large plate German glass. Retail spaces include operable windows and sliding glass panels, creating seamless indoor/outdoor flow. The building benefits from subterranean parking for tenants and customers, 24/7 security, and is situated within a vibrant neighborhood known for its acclaimed dining and shopping. With ceiling heights reaching 20 feet, this LEED Platinum certified building is part of a complex that includes nearly 213 luxury apartments, almost fully leased, ensuring high foot traffic and a thriving atmosphere. The building's success is further evidenced by its impressive office leasing record, including several prominent law firms. Available immediately.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $20,330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $15,570,000
- 6.5%
- $15,215,000
- 7%
- $14,455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $17,395,000
- Geo Method
- $15,945,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $16,985,000
- Retail
- $16,850,000
- Mixed-Use
- $16,835,000
- Hospitality
- $17,755,000
- Educational
- $17,420,000
- Residential Income
- $16,135,000
- Energy
- $13,440,000
- Income-Based Land
- $14,725,000
- Food Service
- $14,215,000
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.683
- Latitude
- 45.5215
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
