365 Couch StPortland, OR 97232

Property Details for 365 Couch St

Year built

2019

Lot size

0.21 AC

Property size (Sq ft)

23,569 SF

Zone code

IG1

Property type

Office properties

APN

1N1E34DA 03300

APU

1N1E34DA03300

Description

This exceptional Class A creative office building, completed in 2020, offers 22,465 square feet of meticulously designed workspace in Portland, Oregon. Located at 365 NE Couch St, zip code 97232, this five-story building features a striking Cross-Laminated Timber structure, creating a naturally warm and inviting atmosphere. Floor-to-ceiling windows in each suite maximize natural light and offer stunning river and city views. The building boasts multiple elevators for convenient access to all floors. Currently, there are two available spaces ranging from 1,891 to 10,711 square feet, perfect for businesses seeking flexible tenancy options. This prime location in the Burnside Bridgehead neighborhood provides unparalleled access to a vibrant array of food, beverage, and entertainment venues. Commuting is a breeze with multiple public transportation options and easy freeway access. Nearby parking is also readily available. The building's central location offers close proximity to downtown Portland, while fostering an ultra-collaborative environment. This is an exceptional opportunity to secure high-quality office space in one of Portland's most sought-after locations.

• CAP approach

  CAP return

  Valuation

  6%

  $6,473,462

  6.5%

  $5,975,503

  7%

  $5,548,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,538,918

  Geo Method

  $4,538,918

• Alternative Use

  Use

  Valuation

  Residential

  $7,409,624

  Hospitality

  $6,787,176

  Educational

  $5,646,850

  Medical

  $5,841,054

  Retail

  $8,783,989

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5234

Longitude

-122.663

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

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