Property summary
This 7,900 square foot office building, located at 29781 Town Center Loop in Wilsonville, Oregon, presents a compelling owner-user opportunity. Built in 1982 and extensively renovated in 2016, the property boasts modern amenities including an elevator and a versatile layout suitable for executive or medical office uses. Currently at 50% occupancy, the lower level is fully leased, generating immediate income to offset ownership expenses. The remaining 3,950 square feet on the second floor offers significant potential for an owner-occupant. Situated in the desirable I-5 corridor, this high-visibility property benefits from easy accessibility and ample parking (23 spaces) on a 0.56-acre lot. The building features a 9-foot clear height and is zoned for Commercial Town Center use. With its strong rental upside and growth potential, this property represents a smart investment in a thriving Oregon market. The asking price is $2,750,000. This well-maintained building offers a blend of established income and significant expansion opportunities for a discerning buyer.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice Spa & Massage Center
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Insurance Agency
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Alternative Medicine Practice
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Medical Clinic
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Family Counselor Doctor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PDC_TC · Wilsonville, ORZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for PDC_TC in Wilsonville, OR.
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Find the owner behind the property.
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