1836 7Th AvePortland, OR 97212

For Lease
$22.32/SF/YR View listing
  • Office properties
  • 30,000 SF

Property Details for 1836 7Th Ave

Year built
1913
Lot size
0.57 AC
Property size (Sq ft)
30,000 SF
Zone code
EXD
Property type
Office properties
APN
1N1E26CC 06500
APU
1N1E26CC06500

Description

The Mont Blanc Building, located at 1836 NE 7th Ave, Portland, OR 97212, offers a unique blend of historic character and modern amenities. This 35,000 square foot mixed-use building in the vibrant Irvington submarket of Multnomah County boasts a variety of spaces suitable for traditional office, executive office, coworking, medical office, and creative office uses, as well as retail and restaurant options. Currently, there is 3,865 square feet of vacant space available, with units ranging from a minimum of 1,515 square feet to a maximum contiguous space of 2,350 square feet. The building features exposed old-growth timbers, floor-to-ceiling windows providing ample natural light, and polished cement floors. Amenities include off-street parking, ADA-accessible facilities, luxurious restrooms with a commuter shower, a passenger elevator, and secure bike storage. Its prime location at the southwestern corner of the Irvington Historical Neighborhood offers high visibility, particularly for street-level retail tenants, while upper-level offices enjoy city views. The building has been sustainably updated for ease of use, making it an ideal location for a variety of businesses. This is a rare opportunity to secure space in a historically significant building with modern conveniences in a thriving Portland neighborhood. Contact us today to learn more about leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,239,800
    6.5%
    $7,605,969
    7%
    $7,062,686
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,777,400
    Geo Method
    $5,777,400
  • Alternative Use

    Use
    Valuation
    Residential
    $9,431,402
    Hospitality
    $8,639,113
    Educational
    $7,187,641
    Medical
    $7,434,835
    Retail
    $11,180,775
1836 7Th Ave, Portland, Oregon

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5362
Longitude
-122.658
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
$70,730
-
-
$2,669,200
-
$2,250,000
$6,385,750
$8,635,750

FAQs

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