Property profile & analytics
1005 Washington St Portland, OR 97214-2450
- Warehouses
- 19,700 SF
- 0.57 lot acres
OFF-MARKET
Value Estimations
$3,800,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US71-0880659
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Jose Mesa Auto Wholesale, LLC / Car Dealership
- Willamette Funding LLC / Loan Service
- Khouri Autos LLC / Car Dealership
- AMJ AUTO SALES LLC Portland Oregon / Car Dealership
- Rush Hour Detail / Car Wash
Property Details for 1005 Washington St
- Year built
- 1956
- Lot size
- 0.57 lot acres
- Property size
- 19,700 SF
- Zone code
- IG1
- Property type
- Warehouses
- APN
- 1S1E02BA 09000
- APU
- 1S1E02BA09000
Description
This exceptional 300 sq ft. retail space, part of a larger 19,700 sq ft. mixed-use building, is ideally situated in Portland's vibrant Buckman neighborhood at the intersection of SE 10th St & SE Stark St. Completely renovated in 2024, this single-tenant space boasts a unique industrial-chic design, featuring high-end amenities including a 55" Samsung OLED curved TV, central vacuum system, towel warmer, customer beverage fridge, refurbished 1925 barber chairs, leather couch, on-site washer/dryer, portable shampoo station, halo LED lighting, climate control, and automatic sensor entry doors. An office/storage area is also included. The building, constructed in 1956, offers ample street parking, an on-site property manager, security cameras and alarm system, and a secure parking lot (spaces negotiable). The property benefits from excellent visibility and a walk/bike score of 97, with easy access to dining, bars, and public transportation. Landlord-renovated event space outside the shop is available for use several times a year under agreed-upon stipulations. Utilities (excluding internet) are included in the rent. Flexible lease terms (2-5 years) are available. The property is zoned Light Industrial-Office. This turnkey opportunity is perfect for a discerning entrepreneur seeking a stylish and well-equipped space in a thriving Portland neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,800,000
- AI Estimate
- $3,800,000
Market price range: $3.80M - $6.09MMarket price range: $3.80M - $6.09M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $4,500,000 Current use
- AUTO REPAIR, GARAGE
- $6,015,000 Change: +34% Conversion: Easy
- MEDICAL BUILDING
- $5,950,000 Change: +32% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $5,830,000 Change: +29% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $5,710,000 Change: +27% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.655
- Latitude
- 45.519
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,435
$0.00
$0.00
$129,640
-
$1,552,700
$2,834,290
$4,386,990
