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33255686
33255679

950 SE Uglow Ave, Dallas, OR 97338 For Sale

JJ
OR OR 201232293
SPERRY - Pikes Northwest
Listed by SPERRY - Pikes Northwest
$705,000
115 days on market
Updated 7 days ago

950-960 SE Uglow Ave

Details
APN 483511
Property Type Office
Sub Type Traditional Office, Medical Office (+1)
Square Footage 3,750
Units 2
Occupancy 31%
Tenancy Multi
Lease Type Modified
Price per SqFt $188
Broker Co-Op Yes
Class C
Year Built 1978
Stories 2
Acreage 0.220
Investment Type Owner/User

Value Add Office | 3,760 SqFt

Marketing description

Discover an exceptional investment opportunity in the heart of Dallas with this impressive 3,760 SF office building. Sharing a breezeway with the neighboring

building, and built in 1978, this property features two spacious units, an upper unit facing Uglow and a lower unit off Azalea. This great building offers flexibility for diverse tenancy options. Currently at 31% occupancy, there is significant potential to maximize returns through increased leasing activity. With its strategic location

in the Dallas area, this property presents an enticing proposition for office building investors seeking to capitalize on the burgeoning market demand. Don't miss the

chance to add this well-positioned asset to your portfolio and unlock its full income-generating potential. (Note: Building shares breezeway via attached rooftop. Building for sale is building on right.)

Welcome to the vibrant town of Dallas, OR, where opportunities abound for savvy investors in the Office Building sector. Nestled in the heart of scenic Polk County,

the area offers a dynamic mix of urban amenities and natural beauty. With a charming downtown district just moments away, the property enjoys proximity to

local dining hotspots, boutique shops, and cultural attractions. Outdoor enthusiasts will relish the nearby scenic trails of Dallas City Park, while easy access to major transportation corridors makes commuting a breeze for professionals. This prime location provides a compelling blend of business potential and quality of life, making it an enticing prospect for office building investors.

Investment highlights

  • Current owner willing to lease back the lower level for a period of time to be mutually agreeable
  • Excellent opportunity to purchase, update and occupy all or a portion of the building
  • Lower level has been updated
  • Subject property and adjacent property separated with breezeway and attached with common roof (shared maintenance agreement)
  • Ample parking on upper level off Uglow in parking lot; Parking on lower level off Azalea in parking lot (shared with attached-roof building)
  • Note: Unit 946-948 not included in sale. That is a separate parcel.

Listing Contacts

JJ
OR OR 201232293
SPERRY - Pikes Northwest
Listed by SPERRY - Pikes Northwest

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Additional Information

Name
Jerry Jones
License
OR 201232293
Brokerage
SPERRY-Pikes Northwest
Brokerage Phone
503-588-3586
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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