Listed by Capacity Commercial Group
$6,675,000
Melody Ballroom
Details
APN R150235
Property Type Office
Sub Type Executive Office, Creative Office
Square Footage 35,528
Cap Rate 7.51%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $188
Class C
Year Built 1925
Year Renovated 2017-2019 Building Size ± 35,528 SF Total
Buildings 1
Acreage 0.380
Zoning EXd - Central Employment
Office building | ± 35,528 SF available for sale
Marketing description
Capacity Commercial Group is pleased to exclusively present the unique opportunity to acquire a Meeting/Event Space/Concert Hall/Retail/Office Property in Portland’s Central Eastside Industrial District
Investment highlights
Leased NNN Asset
7.5% Cap Rate Investment Property With Two Tenants On NNN Leases
Solid Construction With Modern Renovations – No Need For Seismic Upgrades
Vibrant And Eclectic Central Eastside Industrial District Location
Listing Contacts
Listed by Capacity Commercial Group
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