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    1006 SE Grand Ave Portland, OR 97214

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    1006 SE Grand Ave Portland, OR 97214


    • Office properties & Spaces
    • 17,550 SF
    • 0.44 lot acres
    Office Space with Downtown Views For Lease
    $17 SF/Yr
    5,114 SF

    Office Space with Downtown Views

    Well-maintained office space with historic charm and high ceilings.

    1006 SE Grand Ave, Portland, OR
    View Listing
    Property ID
    US71-1032275
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Truly Pure Dispensary / (Bike/Boat/Book/etc) Store
    • SalonCentric / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Forbidden Annex / Tattoo & Piercing Shop
    • Invisible Harness LLC - Video Production for the Arts and Education / Advertising Agency / Marketing & Advertising
    • Building Material Dealers Association / Law Firm

    Property Details for 1006 SE Grand Ave

    Year built
    1907
    Lot size
    0.44 lot acres
    Property size
    17,550 SF
    Zone code
    EXD
    Property type
    Office properties & Spaces
    APN
    1S1E02BC 01300
    APU
    1S1E02BC01300

    Description

    The Arcoa Building, a beautifully preserved 1910 structure formerly known as the U.S. Laundry Building, offers two available creative office spaces totaling 5,114 to 5,371 square feet. This three-story, Class B building boasts 25,500 total square feet on a 19,000 square foot lot in Multnomah County, Oregon. Located at 1006 SE Grand Avenue, Portland, OR 97214, this property benefits from its prime location in the Central Eastside Industrial District. The building features large north and west-facing windows, providing abundant natural light and views. Its historic charm and attractive facades are complemented by easy access to a vibrant array of amenities. Within walking distance, you'll find numerous restaurants, bars, breweries, and entertainment options, including Afuri, Modern Times, Hat Yai, Renata, and Grand Central Bowling. Commuting is a breeze, with convenient access to downtown via the Hawthorne and Morrison bridges and extensive public transportation options. This is an exceptional opportunity to secure office space in a highly desirable and well-connected Portland neighborhood. The building currently houses a mix of progressive office and retail tenants.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,265,000
      Market price range: $3.74M - $7.28M
      AI Estimate
      $4,265,000
      Market price range: $3.74M - $7.28M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,090,000
      Current use
      RESTAURANT
      $6,010,000
      Change: +18% Conversion: Difficult
      RETAIL STORES
      $5,645,000
      Change: +11% Conversion: Easy
      AUTO REPAIR, GARAGE
      $5,360,000
      Change: +5% Conversion: Difficult
      MEDICAL BUILDING
      $5,300,000
      Change: +4% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $5,195,000
      Change: +2% Conversion: Moderate
      OFFICE BUILDING
      $5,070,000
      Change: -0% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.66
    Latitude
    45.5156
    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
    $45,738
    $0.00
    $0.00
    $1,726,054
    -
    $3,118,750
    $2,301,150
    $5,419,900
    View Listing
    More about this property
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