1435 Northrup StPortland, OR 97209

  • Office properties
  • 20,000 SF
For Lease
$12/SF/YR View listing

Property Details for 1435 Northrup St

Year built
1929
Lot size
0.23 AC
Property size (Sq ft)
20,000 SF
Zone code
EX
Property type
Office properties
Property subtype
Other office properties
APN
1N1E33AA 02100
APU
1N1E33AA02100

Description

This Portland, Oregon office space at 1435 NW Northrup St, in Multnomah County (zip code 97209), offers a diverse range of flexible work solutions. The property caters to various business needs, providing traditional office spaces, executive suites, coworking areas, medical offices, and creative office environments. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options include fully furnished and equipped private offices, customizable to accommodate teams of any size, from a single person to over 100. Coworking spaces offer shared office or open-plan areas, with options for daily or hot desk rentals. A comprehensive suite of meeting rooms is available, ranging from informal chat spaces to facilities suitable for presentations, training sessions, interviews, board meetings, or conferences, bookable by the hour or for extended periods. Virtual office options are also available, providing prestigious business addresses, mail handling, and professional virtual assistant services, including lounge access and occasional office use. Flexible working plans offer access to a global network of workspaces, providing options for private offices or coworking spaces with varying levels of monthly access. The property's location in Portland offers a vibrant and convenient work environment. While the total building square footage is not currently specified, the available spaces range from small to large, accommodating businesses with diverse space requirements.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,493,200
    6.5%
    $5,070,646
    7%
    $4,708,457
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,851,600
    Geo Method
    $3,851,600
  • Alternative Use

    Use
    Valuation
    Residential
    $6,287,601
    Hospitality
    $5,759,409
    Educational
    $4,791,760
    Medical
    $4,956,556
    Retail
    $7,453,850
1435 Northrup St, Portland, Oregon

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5317
Longitude
-122.686
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,023
-
-
$1,587,360
-
$3,500,000
$2,990,690
$6,490,690

FAQs

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