1405 Johnson StPortland, OR 97209

Property Details for 1405 Johnson St

Year built

2004

Property size (Sq ft)

121,417 SF

Zone code

EXD

Property type

Commercial real estate

APN

1N1E33AD 60002

APU

1N1E33AD60002

Description

This exceptional mixed-use property, located in Portland's coveted Pearl District, offers 134,500 square feet of prime commercial space. The building features 37,849 square feet of retail/office space ideal for a corporate headquarters or high-profile retail tenant, complemented by a 96,651 square foot, 226-stall covered and secured parking garage. Boasting 200 feet of street glassline on NW 14th Street and a rooftop branding opportunity visible from Interstate 405, this Class A building presents unparalleled visibility. Situated beneath 123 high-end residential condo units, this property benefits from significant foot traffic and a vibrant surrounding community. Constructed in 2003, the two-story building holds a LEED Platinum Certification, reflecting its commitment to sustainability. The property is currently vacant, presenting a unique opportunity for an owner/user seeking a value-add investment. The permitted zoning is EX, and the Assessor's Parcel Number (APN) is R546802. This is a rare opportunity to acquire a high-profile, mixed-use asset in one of Portland's most desirable neighborhoods. The asking price is $10,000,000, with a price per square foot of $74.35.

• Alternative Use

  Use

  Valuation

  Residential

  $38,171,084

  Hospitality

  $34,964,508

  Educational

  $29,090,060

  Medical

  $30,090,512

  Retail

  $45,251,204

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.529

Longitude

-122.686

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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