230 Ash StPortland, OR 97204

Property Details for 230 Ash St

Year built

2019

Lot size

0.45 AC

Property size (Sq ft)

103,245 SF

Zone code

CXD

Property type

Apartment buildings

APN

1N1E34CD 02400

APU

1N1E34CD02400

Description

This exceptional retail property, located at 230 SW Ash Street in Portland, Oregon, offers a unique opportunity for businesses seeking high-visibility space in a vibrant urban setting. The building boasts a total of 5,982 square feet, spread across six stories, and currently has two available suites. Each suite offers flexibility, with a minimum divisible space of 2,001 square feet and a maximum contiguous space of 3,981 square feet, allowing for customization to suit various business needs. The entire 5,982 square feet is currently vacant, presenting a blank canvas for a single tenant or the opportunity to lease both suites to separate businesses. The property is classified as both commercial and restaurant-suitable, making it ideal for a wide range of uses. Situated in Multnomah County, with a zip code of 97204, this location benefits from excellent foot traffic and accessibility. This is a rare chance to secure a prominent retail space in a thriving Portland neighborhood. The property's multi-story design offers unique architectural possibilities and ample space for various business configurations. Interested parties are encouraged to inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $35,163,016

  6.5%

  $32,458,170

  7%

  $30,139,728

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,818,530

  Geo Method

  $30,818,530

• Alternative Use

  Use

  Valuation

  Residential

  $32,458,170

  Hospitality

  $29,731,508

  Educational

  $24,736,266

  Medical

  $25,586,984

  Retail

  $38,478,636

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5219

Longitude

-122.673

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].