4018 Mississippi AvePortland, OR 97227

Property Details for 4018 Mississippi Ave

Year built

2013

Lot size

0.23 AC

Property size (Sq ft)

30,146 SF

Zone code

CSD

Property type

Apartment buildings

APN

1N1E22CA 13900

APU

1N1E22CA13900

Description

This exceptional 1,364 square foot retail space is located in the vibrant and walkable North Mississippi Avenue shopping district of Portland, Oregon. Part of the larger "Bijou on Mississippi" building, this second-generation space offers immediate occupancy in a thriving commercial area. Built in 2013, the building boasts a total of 25,134 square feet, with a variety of tenants creating a bustling and diverse atmosphere. The suite is ideally suited for a service-based business or retail establishment seeking high visibility and foot traffic. The lease rate is $32 per square foot, plus NNN charges. The property's address is 4018 N Mississippi Ave, Portland, OR 97227. This prime location provides easy access to a large customer base and benefits from the area's strong reputation for attracting both residents and visitors. The space is ready for immediate occupancy, allowing for a quick and efficient start to your business operations. The building's modern design and well-maintained condition ensure a professional and inviting environment for your customers. Don't miss this opportunity to establish your business in one of Portland's most desirable commercial districts. Contact us today to schedule a viewing and learn more about this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $10,267,076

  6.5%

  $9,477,301

  7%

  $8,800,351

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,998,551

  Geo Method

  $8,998,551

• Alternative Use

  Use

  Valuation

  Residential

  $9,477,301

  Hospitality

  $8,681,157

  Educational

  $7,222,621

  Medical

  $7,471,018

  Retail

  $11,235,188

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5525

Longitude

-122.675

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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