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31666060
31666067

4949 S Macadam Ave, Portland, OR 97239

ND
OR 200403266, WA 25460
Capacity Commercial Group
RH
OR 201212905, WA
Capacity Commercial Group
JF
OR 850300148
Capacity Commercial Group
Listed by Capacity Commercial Group
$3,990,000
1051 days on market
Updated 14 days ago

4949 Office Building

Details
APN R285361
Property Type Office
Sub Type Creative Office, Executive Office (+1)
Square Footage 17,657
Cap Rate 8.50%
Tenancy Multi
Lease Type NNN
Price per SqFt $226
Class B
Year Built 1979
Year Renovated 2017
Buildings 1
Stories 2
Lot Size (SqFt) 31,400
Zoning CM2
Parking Spaces 51 spaces
Parking Per SqFt 2.89
Investment Type Owner/User

FOR SALE | ± 17,657 SF Office Building

Marketing description

100% Leased Office Building in South Portland

Owner-User • Investment Opportunity • Open/Private Offices

Capacity Commercial Group is pleased to present the opportunity to acquire a prime location office asset in South Portland’s Johns Landing neighborhood, just minutes from the downtown core.

Built in 1979 and renovated in 2017, the building features 51 offstreet parking spaces and excellent street access. The ground floor is mostly open traditional office, while the 2nd floor features a substantial creative office buildout with rustic and industrial finishes plus a kitchen. This floor is currently built out as open coworking space with private offices along the perimeter.

Investment highlights

  • 51 Off-Street Parking Spaces (Some Covered)
  • Owner-User with Income or Investment Opportunity
  • Ground Floor: 6,007 SF / 2nd Floor: 11,650 SF
  • Coworking / Creative Office Buildout on Both Floors
  • Building is 100% leased until May 15, 2028 and then available for an Owner-User or Re-leasing

Listing Contacts

ND
OR 200403266, WA 25460
Capacity Commercial Group
RH
OR 201212905, WA
Capacity Commercial Group
JF
OR 850300148
Capacity Commercial Group
Listed by Capacity Commercial Group

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Zoning

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CM2 MixedMixed UseCommercial Mixed Use 2
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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