205 Spokane StPortland, OR 97202

Property Details for 205 Spokane St

Year built

1987

Lot size

2.10 AC

Property size (Sq ft)

51,276 SF

Zone code

CO2G

Property type

Office properties

Property subtype

Other office properties

APN

1S1E22DA 00600

APU

1S1E22DA00600

Description

This exceptional Class A office building in Multnomah County offers 16,413 square feet of versatile workspace, renovated in 2019. The property features a mix of executive office suites, coworking spaces, and creative office options, catering to diverse business needs. With 350 total suites, there are currently 5,970 square feet of vacant space available, with minimum divisible units starting at 10 square feet and maximum contiguous space up to 1,300 square feet. The building boasts convenient amenities including elevators and is ideally situated near Sellwood Riverfront Park, offering stunning Willamette River and beachfront views. Various configurations are available, from private, fully furnished offices for individuals or large teams, to collaborative coworking spaces with dedicated desks and hot-desking options. Modern, tech-equipped meeting rooms are also available, complete with support staff and catering services. Virtual office options are also available, providing a professional business address with mail forwarding and call answering services. Flexible membership options provide access to a global network of workspaces, offering ultimate flexibility for various work styles. Note that while images showcase Regus locations, they may not precisely reflect this specific center.

• CAP approach

  CAP return

  Valuation

  6%

  $9,089,235

  6.5%

  $8,390,063

  7%

  $7,790,773

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,701,885

  Geo Method

  $9,874,732

• Alternative Use

  Use

  Valuation

  Residential

  $10,403,678

  Hospitality

  $9,529,713

  Educational

  $7,928,610

  Medical

  $8,201,286

  Retail

  $12,333,393

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.4654

Longitude

-122.663

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

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