1050 6Th AvePortland, OR 97204

Property Details for 1050 6Th Ave

Year built

1982

Lot size

0.92 AC

Property size (Sq ft)

389,260 SF

Zone code

CXD

Property type

Office properties

Property subtype

Other office properties

APN

1S1E03BB 00800

APU

1S1E03BB00800

Description

This Class A, 30,000 square foot office building located at 1050 SW 6th Avenue, Suite 1100, Portland, OR 97204, offers a variety of workspace solutions. Situated in Multnomah County, this prestigious building boasts 350 suites, with 5,970 square feet currently available. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to diverse business needs. The building underwent renovations in 2019 and features modern amenities including elevators. Tenancy is multiple, allowing for flexibility in lease terms. The building's striking glass façade provides ample natural light, and its central location in Portland's legal and financial district offers unparalleled convenience and access to cultural attractions, dining, and transportation. Enjoy inspiring city views and a vibrant urban atmosphere. The property is ideal for businesses seeking executive offices, coworking spaces, or creative office environments. This exceptional location provides easy access to the Portland Congress Center and is within walking distance of the Portland Art Museum.

• CAP approach

  CAP return

  Valuation

  6%

  $106,914,152

  6.5%

  $98,689,984

  7%

  $91,640,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $74,963,688

  Geo Method

  $74,963,688

• Alternative Use

  Use

  Valuation

  Residential

  $122,375,584

  Hospitality

  $112,095,376

  Educational

  $93,262,040

  Medical

  $96,469,464

  Retail

  $145,074,272

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5166

Longitude

-122.679

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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