www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

White Shield Center

Portland's Most Secluded Urban Campus

Listing Contacts

See All (3)

Active

Asking Price: $5,000,000
Address 

2640 NW Alexandra Ave, Portland, OR 97210

Show on Map
Date Added
Feb 3, 2025
Days on Market
43 days
Time Since Last Update
5 days

Details

Property TypeHospitality, Mixed Use, Multifamily, Special Purpose
SubtypeApartment Building, Hotel, School
Square Footage47,632
OccupancyVacant
Lot Size (acres)3.64
Parking (spaces)48
APNR117663; R117662; R117664

Marketing Description

CBRE, Inc.​ is pleased to present the opportunity to acquire the White Shield Campus located at 2640 NW Alexandra Avenue.​ This property offers an excellent acquisition opportunity for owner-users, situated on 3.64 acres at the end of a desirable residential street in Northwest Portland.​ Designed by renowned architect A.​E.​ Doyle and built in phases from 1914 to 2006, the White Shield Center features a lush, private, park-like environment, providing a tranquil escape from Portland’s hustle and bustle while remaining conveniently close to the lively Nob Hill neighborhood.​

Investment Highlights

Northwest Portland presents an exceptional opportunity for both owner-users and residential development, characterized by its rare acreage nestled amidst the tranquility of Forest Park. This prime location not only offers serene surroundings but also boasts optionality based on existing building programming, making it a versatile choice for various development strategies. The area is highly sought-after and continues to grow, enhancing its appeal for potential residents and investors alike. Moreover, the potential for preservation, renovation, or redevelopment allows for creative possibilities, while the stunning views of the Willamette River and Mount St. Helens add to the allure of this vibrant neighborhood.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI
Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Date Event Document Price Price/SF Sold By Sold To
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts

See All (3)

Similar Properties for Sale

Pictures of Hospitality property located at 2401 SW 4th Ave, Portland, OR 97201 for sales - image #1
$4,500,000
Downtown Portland SureStay by Best Western
Strategically Located 40 Unit Hotel with Redevelopment Upside Operating in Downtown Portland

2401 SW 4th Ave Portland, OR 97201

Pictures of Hospitality, Multifamily property located at 3324 SE 24th Ave, Portland, OR 97202 for sales - image #1
$1,195,000
Fully Permitted Short Term Rental Property
Fully Permitted Short Term Rental • 7.48% CAP

3324 SE 24th Ave Portland, OR 97202

Pictures of Hospitality, Land, Mixed Use, Multifamily property located at 13375 SW Henry St, Beaverton, OR 97005 for sales - image #1
Opportunity Zone
$995,000
SW Millikan Way
Prime Development Opportunity

13375 SW Henry St Beaverton, OR 97005

Pictures of Hospitality property located at 9110 SW Barbur Blvd, Portland, OR 97219 for sales - image #1
$3,700,000
9110 SW Barbur Blvd
Hospitality

9110 SW Barbur Blvd Portland, OR 97219

Pictures of Hospitality property located at 11942 NE Sandy Blvd, Portland, OR 97220 for sales - image #1
$4,600,000
Nordic Inn and Suites
Hospitality

11942 NE Sandy Blvd Portland, OR 97220

Pictures of Hospitality, Land, Mixed Use, Office, Retail property located at 4825 NE Starr Blvd, Hillsboro, OR 97124 for sales - image #1
virtual tour
$1,950,000
Commercial-Mixed Use Acreage In Hot Hillsboro, Oregon
100% Usable Land in North Hillsboro across from Amazon

4825 NE Starr Blvd Hillsboro, OR 97124

Pictures of Hospitality, Office, Retail property located at 16550-16690 SE McLoughlin Blvd, Milwaukie, OR 97267 for sales - image #1
$5,000,000
Vineyard Plaza
Hospitality

16550-16690 SE McLoughlin Blvd Milwaukie, OR 97267

Pictures of Hospitality, Land property located at 600 NE 99th St #C25018, Vancouver, WA 98665 for sales - image #1
Unpriced
Washington Hotel Development Opportunity - C25018
Private Offering - Principals Only

600 NE 99th St #C25018 Vancouver, WA 98665

Pictures of Hospitality property located at 600 NE 99th St #C24017, Vancouver, WA 98665 for sales - image #1
$7,000,000
Washington Metro Franchise Hotel - C24017
Private Offering - Principals Only

600 NE 99th St #C24017 Vancouver, WA 98665

Pictures of Hospitality, Land, Mixed Use, Office, Retail property located at SW Boones Ferry Rd, Tualatin, OR 97062 for sales - image #1
$1,000,000
Autumn Sunrise Commercial Lots
FOR SALE • ±56,280 SF Commercial Pad Available within Autumn Sunrise Development in Tualatin

SW Boones Ferry Rd Tualatin, OR 97062

Pictures of Business for Sale, Hospitality property located at 124 NE 3rd St, Gresham, OR 97030 for sales - image #1
Opportunity Zone
$265,000
Helfer's on 3rd
Business for Sale • 4,096 SF

124 NE 3rd St Gresham, OR 97030

See more properties for sale in Portland
See More
See More Similar Properties
Broker Information
Broker Name
Gabe Schnitzer
Broker License
OR 201219538
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .