3526 Corbett Ave Portland, OR 97239-4327
- Investment properties
- 1,008 SF
- 0.05 lot acres
Current Use by Public Records
- Soule Duncan E MD / Doctor
- Sutherland Cranial Teaching Foundation / Association Or Organization
- Lori H. Soule, ND / Alternative Medicine Practitioner / Acupuncturist
- Soule Healthcare / Osteopath / Vitamin & Supplements Store
Property Details for 3526 Corbett Ave
- Year built
- 1932
- Lot size
- 0.05 lot acres
- Property size
- 1,008 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 1S1E10CA 05601
- APU
- 1S1E10CA05601
Description
This exceptional 2,028 square foot office building, situated on a 0.05-acre lot in desirable Southwest Portland, presents a unique opportunity for owner-occupants or investors. Currently configured as a medical office, the space is move-in ready and will be vacant at the year's end. The main level boasts a welcoming receptionist area with ample built-in storage, a comfortable waiting room featuring a fireplace, three treatment rooms, a bathroom, and a smaller private office. All rooms benefit from functional windows, ensuring natural light and ventilation. One treatment room is equipped with a sink and a Multipure water filtration system. Beyond the main level, the property includes a 720 square foot basement and a 300 square foot sub-basement, providing substantial additional storage space. Both the full attic and basement offer generous headroom, further enhancing storage capacity. The building is available fully furnished, offering a seamless transition for new occupants. This turnkey opportunity combines prime location, functional layout, and significant storage potential, making it an ideal investment or professional workspace. The asking price is $550,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $460,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $520,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $520,000
- Retail
- $620,000
- Mixed-Use
- $445,000
- Hospitality
- $555,000
- Educational
- $610,000
- Residential Income
- $615,000
- Energy
- $520,000
- Income-Based Land
- $625,000
- Food Service
- $570,000
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.676
- Latitude
- 45.4975
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA