GREENWOOD AVENUE PROFESSIONAL BUILDING

477 Greenwood Avenue, an attractive medical office building For Sale.​ Excellent Owner/User or Investment offering perfect for an owner/user looking to occupy part or all of the space or for Investors seeking a prime asset.​ The building offers a flexible single or multi-tenant setup with lower and upper level suites, private offices, welcoming reception area, dedicated points of entry, restrooms, 11 dedicated parking stalls with four (4) being covered.​ New paver patio entry to lower-level has just completed.​ 0.16/AC (6,969.6+/-SF CL zoned lot), Tax Map/Lot: 1171233BC 08200-Originaly designed and constructed in 1964, 3.068+/-SF building (Suite A: 617+/-RSF)/ Suite B: 613+/-RSF) with balance of square feet on the main street level currently leased by Cascade Chiropractic and will vacate upon close of sale.​ (See brochure and below for other lease info).​ UIC has just completed Rule Authorized and Registration with State of Oregon DEQ, Water, Sewer, Electrical, Gas and Teleco all to the building.​ Wood frame/concrete block construction, roof replaced in 2023 w/membrane roofing system.​ Separate HVAC units between the upper level & lower level with upper level suites having own thermostats.​ Split-level light-medical/office building with One (1)unisex restroom and the upper level suites with dedicated private points of entry and One (1) common area unisex restroom on the upper level.​ CAT 5 Data available, 220amp/240v electrical service, high visible corner at Greenwood Ave & NE 5th Street, Eleven (11) dedicated parking stalls, Four (4) covered, with parking lot lighting.​ With short-term tenants in place, this property is ideal for Owner/User looking to occupy and customize their own space while possibly maintaining some lease income.​

Corner lot exposure ensures maximum visibility.​ Conveniently located on the SW corner of Greenwood Avenue & 5th Street, property has high exposure, strong traffic counts adding to the professional appeal of the property.​ A busy and thriving area, the traffic counts on NE Greenwood (Hwy 20) are over 29,400 AADT/per day.​ (2023 ODOT study).​ The owner of the property donated his building to Hillsdale College on 12-20-2024 and Hillsdale College hired Fratzke Commercial Real Estate to market the property for sale.​ Buyer to do their own due diligence.​ Please contact listing Brokers for more information.​

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  Highly visible light medical/office offering

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  High traffic Counts 29,400/AADT per day (2023 ODOT Study)

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  New Roof 2023

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  Greenwood Avenue Frontage

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  Versatile property Owner/User or Investment=prime asset

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  Significant and strategically located building on main arterial