9700 SW Capitol Hwy Portland, OR 97219

This two-story, 28,590 square foot traditional office building in Portland, Oregon's desirable Southwest area, offers a unique investment opportunity. Located at 9700 SW Capitol Hwy, 97219, in Multnomah County, the property sits on a 1.36-acre lot and boasts 99 on-site parking spaces. Currently, there is 2,783 square feet of vacant space available, divisible into units ranging from 1,268 to 1,515 square feet. The building features large windows providing abundant natural light and spectacular views of Mt. Hood. Its convenient location offers easy access to downtown Portland and I-5, with numerous shopping and dining options nearby. Recent capital improvements include a 2017 roof replacement (25-year warranty) and skylight replacement, along with HVAC upgrades (5 of 14 units replaced since 2018). Common area enhancements include a 2018 lobby remodel with new PDK systems, 2021 security camera installation, and approximately $250,000 in restroom renovations. Landscaping improvements completed in 2021 include new retaining walls, an outdoor eating area, and a garden. This stabilized asset presents a significant opportunity for mixed-use development. The property is a multiple-tenancy building with elevators.