200 20th Ave Portland, OR 97232-3094
Property profile & analytics
200 20th Ave Portland, OR 97232-3094
- Office properties & Spaces
- 6,339 SF
- 0.34 lot acres
Property ID
US71-0457918
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.
Location Intelligence
Current Use by Public Records
- Angela Adamski, LMT / Alternative Medicine Practice / Spa & Massage Center
- Constance Rigney L.Ac, LLC / Medical Clinic
- Rick DeTroye L.Ac. LLC / Medical Clinic / Alternative Medicine Practice
- Potentials Wellness Center / Alternative Medicine Practice / Spa & Massage Center
- Sunstone Chiropractic & Massage / Alternative Medicine Practice
Property Details for 200 20th Ave
- Year built
- 1965
- Lot size
- 0.34 lot acres
- Property size
- 6,339 SF
- Zone code
- RH
- Property type
- Office properties & Spaces
- APN
- 1N1E35DA 07100
- APU
- 1N1E35DA07100
Description
This exceptional mixed-use investment opportunity, the LorLin Building, presents a compelling proposition for discerning buyers. Built in 1965 and boasting a distinctive Mid-Century Modern design, this three-story, 8,543 square foot building is situated on a 0.34-acre lot in Portland's dynamic Lloyd District. Currently operating at 68% occupancy, the property offers immediate income potential with Suite 200 available for lease. The building features 23 on-site parking spaces, a significant advantage in this vibrant, walkable neighborhood. Recent capital improvements include a new roof with a 20-year warranty, minimizing future maintenance expenses. Planned exterior repainting will further enhance curb appeal and attract new tenants. Zoned RM3, the property offers flexibility for a variety of uses, contributing to its long-term value and potential for growth. The building's location provides excellent access to public transportation and major attractions, ensuring high foot traffic and visibility. This is a rare opportunity to acquire a well-maintained, income-producing asset in a prime Portland location, offering both immediate returns and significant long-term growth potential. The asking price is $2,450,000 ($286.78/sq ft). The Multnomah County APN is R125113.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,028,000
- AI Estimate
- $2,028,000
Market price range: $1.19M - $2.68MMarket price range: $1.19M - $2.68M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,045,000 Current use
- RESTAURANT
- $2,170,000 Change: +6% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,935,000 Change: -5% Conversion: Difficult
- MEDICAL BUILDING
- $1,915,000 Change: -6% Conversion: Easy
- RETAIL STORES
- $1,905,000 Change: -7% Conversion: Easy
- OFFICE BUILDING
- $1,830,000 Change: -11% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,685,000 Change: -18% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.645
- Latitude
- 45.5247
- 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
$18,979
$0.00
$0.00
$716,230
-
$2,700,000
$10,000
$2,710,000
