600 10Th AvePortland, OR 97209

  • Office properties
  • 203,882 SF

Property Details for 600 10Th Ave

Year built
1910
Lot size
0.92 AC
Property size (Sq ft)
203,882 SF
Zone code
CXD
Property type
Office properties
APN
1N1E34CC 09400
APU
1N1E34CC09400

Description

This exceptional retail opportunity is located in Portland, Oregon's vibrant Pearl District at 600 NW 10th Ave, zip code 97209. The property offers three available spaces, ranging in size from 1,659 square feet to 5,584 square feet, making it ideal for a variety of retail uses. The building is situated in a high-traffic area, benefiting from excellent visibility and accessibility. The spaces are categorized as second-generation retail, suitable for salon or office use as well. The multiple tenancy structure allows for flexibility and potential for synergistic businesses. This corner location provides exceptional street frontage and exposure, maximizing visibility for potential tenants. The property is located in Multnomah County, Oregon, offering access to a thriving community and diverse customer base. The precise latitude and longitude coordinates are 45.527241727756426, -122.68130038417961. This is a unique chance to establish a presence in one of Portland's most desirable and dynamic neighborhoods. The property's end-cap positioning offers significant advantages for businesses seeking high visibility and prominent street presence.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $55,998,232
    6.5%
    $51,690,672
    7%
    $47,998,484
  • Comparable approach

    Method
    Valuation
    Relative Method
    $39,263,596
    Geo Method
    $39,263,596
  • Alternative Use

    Use
    Valuation
    Residential
    $64,096,436
    Hospitality
    $58,711,992
    Educational
    $48,847,688
    Medical
    $50,527,632
    Retail
    $75,985,288

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5202
Longitude
-122.681
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
$625,715
-
-
$23,635,350
-
$17,000,000
$32,630,080
$49,630,080

FAQs

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