1900 SW 5Th Ave, Portland, OR 97201
- Office Spaces
- 7,240 SF
- 0.46 lot acres
Current Use by Public Records
- Wells Fargo ATM / Atm
- Wells Fargo Bank / Bank / Loan Service
Property Details for 1900 SW 5Th Ave
- Year built
- 1963
- Lot size
- 0.46 lot acres
- Zone code
- RXD
- Property type
- Office Spaces
- APN
- 1S1E03CB 03300
- APU
- 1S1E03CB03300
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 3, 2025 | — | Ted Ellis Hilde & Bonnie J Ammon Re | — | Deed · related | $4M · Amr Investment Group LLC |
| Mar 19, 2025 | $48,023 | Mark Loud | 100 X Investment Group LLC | Warranty Deed | — |
| Dec 13, 2024 | $167,669 | Ted Ellis Hilde | 100 X Investment Group LLC | Warranty Deed | — |
| Feb 27, 2024 | $2,025,000 | 100 X Investmenst Group LLC | Wells Fargo Bank NA | Special Warranty Deed | $2.8M · Amr Investment Group LLC |
Description
This exceptional 9,226 square foot commercial property, situated at 1900 SW 5th Ave, offers a unique opportunity in Portland's vibrant University District. The building, constructed in 1963 and classified as Class B, features a single-tenant occupancy across two stories. The main level offers 6,777 square feet of adaptable space, ideal for retail, service, or office use. Large display windows provide excellent street visibility along SW 5th Ave, maximizing exposure to the high foot traffic of the area. In addition to the main level, there is also 1,120 square feet of basement space and 1,329 square feet on the upper floor, offering potential for expansion or specialized use. The property boasts ample off-street parking with 32 spaces, a significant advantage in this location. Its proximity to Portland State University and the abundance of nearby restaurants and retailers create a highly desirable environment. The CX zoning allows for a variety of uses. The building's convenient location provides easy access to freeways and public transportation, enhancing its appeal to both businesses and employees. This amenity-rich area is surrounded by multi-family and student housing, ensuring a consistent flow of potential customers. The lease rate is $25 per square foot, plus NNN charges. The property is available now.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,503,000
- AI Estimate
- $2,503,000
Market price range: $634k - $2.50MMarket price range: $634k - $2.50M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,560,000 Current use
- RESTAURANT
- $2,480,000 Change: +59% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,210,000 Change: +42% Conversion: Difficult
- MEDICAL BUILDING
- $2,185,000 Change: +40% Conversion: Easy
- RETAIL STORES
- $2,175,000 Change: +39% Conversion: Easy
- OFFICE BUILDING
- $2,090,000 Change: +34% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,925,000 Change: +23% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.682
- Latitude
- 45.5097
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
