800 SW 13th Avenue (Former Portland Clinic Building)
Full City Block Opportunity | 49,563 SF Office/Medical | 40,000 SF Parcel | 147 Stall Parking
Marketing description
Cushman & Wakefield, as exclusive agent, is pleased to offer for sale or lease, the Portland Clinic building (“the Property”), within Portland’s CBD. The acquisition of the The Portland Clinic site provides an investor with the unique opportunity to develop, on a full city block, a preeminent mixed-use asset in the dynamic Westend District of downtown Portland.
The Portland Clinic site is ideally located in the Westend District at the confluence of residential, commercial and entertainment venues that enhance the desirability of this location as a place to live, work and play. The vitality of the area is further enhanced by linking all of these amenities via Portland’s award winning light rail and street car system which is immediately adjacent to The Portland Clinic site. These transit lines link together the Central Business District, the Pearl District, Portland State University, Portland International Airport and SW Portland employment centers including Intel and Nike.
Investment highlights
40,000 SF Full City Block in Westend of Portland CBD / Downtown
49,563 SF 4-Story Office / Medical (Form Portland Clinic) Building
147 Car Stall Parking Lot (Surface & Covered Garage)
8:1 FAR (320,000 SF) with Bonus 3:1 for Multi-Family for 11:1 FAR Total (440,000 SF)
Multi-Family Height Bonus allows for up to 325 Foot Maximum Height
Immediate Access to and from I-405 and MAX Light-Rail Blue and Red Lines
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