75 Couch St Portland, OR 97209-4018
Property profile & analytics
75 Couch St Portland, OR 97209-4018
- Office properties & Spaces
- 39,580 SF
- 0.11 lot acres
Property ID
US71-0839602
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
- OCOM Clinic / Medical Clinic / Alternative Medicine Practice
- Martin Kidwell / Alternative Medicine Practice / Acupuncture
- OCOM - Oregon College of Oriental Medicine / Acupuncture School / Holistic Medicine Practitioner
- Oregon College-Oriental Medicine / Medical Clinic / Alternative Medicine Practice
- Jeannette M. Schreiber, LAc / Medical Clinic / Alternative Medicine Practice
Property Details for 75 Couch St
- Year built
- 1911
- Lot size
- 0.11 lot acres
- Property size
- 39,580 SF
- Zone code
- CXD
- Property type
- Office properties & Spaces
- APN
- 1N1E34DB 00300
- APU
- 1N1E34DB00300
Description
This exceptional five-story, 39,850-square-foot office building, located at 75 NW Couch St in Portland, Oregon's Old Town/Chinatown neighborhood, presents a unique investment opportunity. Listed on the National Registry of Historic Places, this landmark property boasts a prime location within the Central Business District, offering unparalleled access to hotels, restaurants, shopping, and public transportation, including proximity to TriMet Light Rail and streetcar lines. The building underwent a complete $15,000,000 renovation in 2011, encompassing a seismic retrofit, the addition of a fifth-floor penthouse, comprehensive ADA upgrades, and a full fire sprinkler system. High-end finishes, open ductwork with upgraded HVAC, new plumbing and electrical systems, and exposed old-growth lumber throughout showcase the meticulous attention to detail. This LEED Silver-certified building offers state-of-the-art energy efficiency. Currently vacant, this net-lease property is offered at a price of $6,000,000 ($150.56/sq ft), significantly below replacement cost. The 0.22-acre lot provides ample space, and the building's exceptional features and location make it an ideal investment for discerning buyers. SBA financing options may be available for qualified purchasers, offering leveraged costs below average net lease rates in the market. This is a rare chance to acquire a fully renovated, historically significant, and highly desirable commercial property in the heart of Portland.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $13,166,000
- AI Estimate
- $13,166,000
Market price range: $8.45M - $17.5MMarket price range: $8.45M - $17.5M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $13,165,000 Current use
- RESTAURANT
- $13,555,000 Change: +3% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $12,085,000 Change: -8% Conversion: Difficult
- MEDICAL BUILDING
- $11,955,000 Change: -9% Conversion: Easy
- RETAIL STORES
- $11,885,000 Change: -10% Conversion: Easy
- OFFICE BUILDING
- $11,440,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.671
- Latitude
- 45.5242
- 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
$0.00
$0.00
$0.00
$0.00
-
$1,219,270
$17,718,150
$18,937,420
