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Property profile & analytics

1478 49Th Ave Portland, OR 97215

  • Apartment buildings
  • 31,701 SF
  • 0.22 lot acres
Value Estimation
Location Intelligence
Property ID
US71-0848976
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

  • Meridian Lofts / Apartment Building

Property Details for 1478 49Th Ave

Year built
2017
Lot size
0.22 lot acres
Property size
31,701 SF
Zone code
CS
Property type
Apartment buildings
APN
1S2E06BD 25100
APU
1S2E06BD25100

Description

This exceptional Class A retail space, located at 1478 SE 49th Ave in Portland, Oregon (zip code 97215), is part of the Meridian Lofts, a new mixed-use building constructed in 2019. The property offers a prime corner location at the intersection of SE Hawthorne Blvd and SE 49th Ave. Currently, 2,590 square feet of retail space is available, with a minimum divisible unit of 1,150 square feet and a maximum contiguous space of 1,440 square feet. The building itself boasts 39,603 total square feet spread across four stories. The space is suitable for a variety of retail or restaurant uses, offering excellent visibility and accessibility. This is a multi-tenant building, providing a vibrant and dynamic environment. The lease rate is $28-30 per square foot, plus NNN charges. Don't miss this opportunity to secure a prominent location in a thriving Portland neighborhood. The property's modern design and prime location make it an exceptional investment opportunity for businesses seeking high visibility and foot traffic. This space is ready for immediate occupancy.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Portland
County
Multnomah
State
Oregon
Longitude
-122.612
Latitude
45.5123
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
$115,373
$0.00
$0.00
$4,353,920
-
$1,223,040
$9,970,710
$11,193,750
More about this property
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