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    FOR LEASE
    Apartment buildings

    1725 SW Salmon St, Portland, OR 97205

    171,560 SF 0.59 ac lot Built 2020
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US71-0535642
    Property summary
    AI-generated overview

    This exceptional Class A retail opportunity, built in 2020, offers 1,689-2,085 square feet of versatile space within the Sawbuck Apartments complex in desirable Goose Hollow. The property features two suites totaling 3,774 square feet of vacant space, currently available for lease. Both suites boast high ceilings and large windows, providing ample natural light. The space is perfect for a variety of uses, including coffee shops, tea houses, salons, med spas, nail salons, or other retail/service businesses. Located in a vibrant mixed-use area, this property benefits from its proximity to Providence Park, Multnomah Athletic Club, Lincoln High School, and numerous residential properties totaling over 1,038 units. Its convenient location offers easy access to downtown Portland and public transportation, including the Northwest and Downtown Portland Providence Park MAX Light Rail station. Nearby amenities include the Goose Hollow Inn, Multnomah Athletic Club, Artist Repertory Theatre, Hotel Deluxe, Leaky Roof Gastro Pub, and Zupan's Markets Burnside. The zoning is CX, and the property is situated in Multnomah County, with a cross street of SW 18th Avenue. Lease rates are $28-$30 per square foot, plus NNN. This is a truly unique opportunity to establish a thriving business in a high-traffic, high-visibility location. The building consists of one building with two suites.

    Property profile
    Verified
    Property type Apartment buildings
    Use group APARTMENT HOUSE (5+ UNITS)
    Year built 2020
    Total area 171,560 SF
    Lot 0.59 ac (25,633 SF)
    Zoning code CXD
    APN 1N1E33DC 05700
    UPID US71-0535642
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sawbuck Real Estate Agency
    • ZenBodywerks ~ Melissa N Baker, MA ~ Life Coach Life Coach Service Establishment
    • ZenBodywerks ~ Melissa N Baker, MA, LMT, FNC Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $27.28M
    Blend (final) Blend
    $27.28M
    Owner & transaction history
    CIGS PORTLAND LLC
    CIGS PORTLAND LLC
    Zoning & alternative use
    CXD · Portland, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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