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3601 S River Pky
Portland, OR 97239

$2,814,350 USD

Apartments Condo For Sale  •  8,041 SF

Property Details

  • Property Type Apartments
  • Total Building Size 500,000 SF
  • Lot Size 1.16 AC
  • Building Class A
  • Year Built 2007
  • Zoning Commercial
76 Transit Score
84 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit A-3 Retail 8,041 SF $2,814,350 USD
  • Unit Size: 8,041 SF
  • Condo Use: Retail
  • Price: $2,814,350 USD
  • Sale Type: Investment
  • Price/SF: $350.00 USD
Sale Notes
Retail Condo in Portland's Highly Sought After South Waterfront!
Owner-User / Investment Opportunity
--------------------
Space A-3 (Fully Leased)
Total Space: 8,041 SF
Sales Price: $2,814,350 ($350/sf)
Actual NOI: $188,841
Actual CAP: 6.70%

Description 

Retail Condo in Portland's Highly Sought After South Waterfront!
Owner-User / Investment Opportunity
--------------------
Space A-3 (Fully Leased)
Total Space: 8,041 SF
Sales Price: $2,814,350 ($350/sf)
Actual NOI: $188,841
Actual CAP: 6.70%

Highlights

Retail Condo Located Within The John Ross Mixed-Use Condominium Building - LEED Certified - Built 2007
High Traffic Area with Over 2,250 Apartment/Condo Units in the South Waterfront District
Fantastic Owner-User or Investment Opportunity with 2 Vacant Spaces and 1 Fully Leased
Priced to Sell Together or Individually
Nearby I-5, Highway 43, Highway 26 as well as Portland Street Car Line, MAX Light Rail Orange Line

Property Flyers

Amenities

  • Air Conditioning
  • Balcony
  • Controlled Access
  • Concierge
  • Courtyard
  • Disposal
  • Fireplace
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Washer/Dryer Hookup
  • Waterfront
  • Heating
  • Grill
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Views
  • Carpet
  • Roof Terrace
  • Elevator
  • Island Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 9 min - 4.0 mi
Transit/SubwayDriveWalkDistance
Sw Moody & Gaines (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 0 min 1 min 0.1 mi
Sw Bond & Lane (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 1 min 0.1 mi
Ohsu Commons (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 2 min 0.1 mi
Sw Lowell & Bond (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 4 min 0.2 mi
South Waterfront/S Moody Max Station (MAX Orange Line - TriMet) 2 min 9 min 0.4 mi
AirportDriveWalkDistance
Portland International 22 min - 13.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 250
Type: Covered
Included in Rent: Yes
Nicholas Diamond 503-222-2655 Capacity Commercial Group LLC
Nicholas Diamond 503-222-2655 Capacity Commercial Group LLC