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    5265 42nd Ave Portland, OR 97218-1507

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    5265 42nd Ave Portland, OR 97218-1507


    • Office properties & Spaces
    • 1,764 SF
    • 0.10 lot acres
    Off-Market
    Property ID
    US71-0887867
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • NALC Branch 82 / Charitable Organization / Social Service Agency
    • National Association Letter / Association Or Organization

    Property Details for 5265 42nd Ave

    Year built
    1956
    Lot size
    0.10 lot acres
    Property size
    1,764 SF
    Zone code
    CGH
    Property type
    Office properties & Spaces
    APN
    1N1E24AA 11000
    APU
    1N1E24AA11000

    Description

    This freestanding, 3,753 sq ft building in Portland's Cully neighborhood is offered at $1,200,000. Located on NE 42nd Ave's commercial corridor, this single-story, 1926/1956-built property sits on a 9,328 sq ft lot (APN: R197544 & R197545). Previously serving as a corporate office and union hall for over 25 years, it's zoned CM2, allowing for diverse uses. Ideal for owner-occupancy or redevelopment, this property offers significant potential in Cully, Portland's largest and most diverse neighborhood, providing access to a substantial and varied customer base. The flexible zoning permits various business types, including professional services (legal, real estate, insurance, medical, naturopathic, holistic), retail, or redevelopment opportunities. This presents a unique chance to establish a business in a thriving, culturally rich area. The property's history as a long-standing corporate office and union hall speaks to its stability and suitability for a variety of commercial ventures. Its prominent location on a busy commercial thoroughfare ensures high visibility and accessibility. The substantial lot size offers ample space for potential expansion or outdoor amenities. This is a rare opportunity to acquire a well-located commercial property in a rapidly growing and diverse neighborhood.


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    Location Insight

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    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.621
    Latitude
    45.5611
    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
    $3,945
    $0.00
    $0.00
    $148,860
    -
    $193,710
    $437,660
    $631,370
    More about this property
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