3601 S River Pky - The John Ross Retail Condo
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3601 S River Pky - The John Ross Retail Condo
8,041 SF Retail Condo Unit Offered at $3,989,257 CAD in Portland, OR 97239
Investment Highlights
- Retail Condo Located Within The John Ross Mixed-Use Condominium Building - LEED Certified - Built 2007
- Fantastic Owner-User or Investment Opportunity with 2 Vacant Spaces and 1 Fully Leased
- Nearby I-5, Highway 43, Highway 26 as well as Portland Street Car Line, MAX Light Rail Orange Line
- High Traffic Area with Over 2,250 Apartment/Condo Units in the South Waterfront District
- Priced to Sell Together or Individually
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $3,989,257 CAD | Building Class | A |
Unit Size | 8,041 SF | Floors | 31 |
No. Units | 1 | Typical Floor Size | 14,194 SF |
Total Building Size | 500,000 SF | Year Built | 2007 |
Property Type | Multifamily (Condo) | Lot Size | 1.16 AC |
Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
Sale Type | Investment |
Price | $3,989,257 CAD |
Unit Size | 8,041 SF |
No. Units | 1 |
Total Building Size | 500,000 SF |
Property Type | Multifamily (Condo) |
Property Subtype | Apartment |
Sale Type | Investment |
Building Class | A |
Floors | 31 |
Typical Floor Size | 14,194 SF |
Year Built | 2007 |
Lot Size | 1.16 AC |
Parking Ratio | 0.5/1,000 SF |
1 Unit Available
Unit A-3
Unit Size | 8,041 SF | Sale Type | Investment |
Price | $3,989,257 CAD | Cap Rate | 6.71% |
Price Per SF | $496.11 CAD | NOI | $267,676.45 CAD |
Condo Use | Retail |
Unit Size | 8,041 SF |
Price | $3,989,257 CAD |
Price Per SF | $496.11 CAD |
Condo Use | Retail |
Sale Type | Investment |
Cap Rate | 6.71% |
NOI | $267,676.45 CAD |
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%
Walk Score ®
Very Walkable (84)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (95)
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Fireplace
- Washer/Dryer Hookup
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Views
- Carpet
- Island Kitchen
Site Amenities
- Controlled Access
- Concierge
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Waterfront
- Grill
- Roof Terrace
- Elevator
zoning
Zoning Code | Commercial |
Commercial |
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3601 S River Pky - The John Ross Retail Condo
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