2165 Main St Portland, OR 97205-1173

Property Details for 2165 Main St

Year built

1924

Lot size

0.18 lot acres

Property size

4,832 SF

Zone code

R5D

Property type

Investment properties

Property subtype

Live-work space

APN

1N1E33CD 04700

APU

1N1E33CD04700

Description

This stunning three-story, 4,832 square foot office building, built in 1924 and renovated in 1973, presents a unique investment opportunity in Portland, Oregon. Located at 2165 SW Main St, in the heart of the historic Southwest district, this Class B building boasts 10 units currently at 30% occupancy, with a projected full occupancy date of November 18, 2024. The building features a traditional office layout with multiple tenants (currently four), offering a gross lease structure. The property includes eight on-site parking spaces, a significant advantage in this location. The interior comprises numerous offices, two bathrooms, a large conference room, a spacious kitchen, and ample storage areas distributed across all three floors. The 7,871 square foot lot is zoned R-5. This owner/user investment opportunity is priced at $1,615,000, or $334.23 per square foot. Its prime location offers easy access to public transportation, Providence Park Stadium, the Multnomah Athletic Club, and numerous restaurants and cultural attractions. The building's blend of historic charm and modern functionality makes it an exceptional property for both investors and owner-occupiers. The APN is R209759,R277462.

Location Insight

City

Portland

County

Multnomah

State

Oregon

Longitude

-122.696

Latitude

45.5208

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments