4702-4712 Glisan StPortland, OR 97213

Property Details for 4702-4712 Glisan St

Lot size

0.09 AC

Zone code

R5

Property type

Office buildings

APN

1N2E31CA 15900

APU

1N2E31CA15900

Description

This exceptional 7,815 square foot medical office building, situated at 4702-4712 NE Glisan St in Portland, Oregon, presents a unique owner/user opportunity. Built in 1912, this two-story building sits on a 0.3-acre lot and is zoned CI2. Its ideal location directly across from Providence Portland Hospital ensures high visibility and accessibility for both staff and patients. The property boasts ample on-site parking, ADA-compliant access on Glisan Street, and a versatile interior layout including a mix of open space, private offices, and a conference room. Four bathrooms are included, three of which are ADA compliant. The building's design allows for easy division into multi-tenant spaces, catering to various medical practices. High traffic counts on NE Glisan St guarantee excellent exposure, while its central location provides convenient highway access and proximity to numerous amenities. This is a rare chance to acquire a well-established medical office building in a thriving Portland neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,112,373

  6.5%

  $1,026,806

  7%

  $953,463

• Comparable approach

  Method

  Valuation

  Relative Method

  $779,949

  Geo Method

  $779,949

• Alternative Use

  Use

  Valuation

  Residential

  $1,273,239

  Hospitality

  $1,166,280

  Educational

  $970,332

  Medical

  $1,003,703

  Retail

  $1,509,405

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5261

Longitude

-122.615

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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