17131 Lower Boones Ferry RdLake Oswego, OR 97035

For Sale
$2,440,000

6,000 SF Mixed-Use Building, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 6,000 square foot mixed-use building presents a compelling investment opportunity in the highly desirable Lake Oswego, Oregon market. Located at 17131 Lower Boones Ferry Rd, 97035, this single-story, Class B property sits on over half an acre of prime real estate. Previously operating as a veterinary clinic and animal boarding facility for over 35 years, the building is currently vacant and offers immense flexibility. Zoned IP, it's ideally suited for a variety of uses, including retail, medical, or office space. The property includes 19 parking spaces, a significant advantage in this location. With established market rents of $34 per square foot plus NNN, this property offers strong potential for substantial returns. The asking price is $2,440,000, representing a pro-forma cap rate of 100%. This is a rare opportunity to acquire a versatile property in one of Oregon's premier markets. The property's size, location, and zoning make it an exceptional investment prospect with significant upside potential. Don't miss this chance to secure a prime piece of Lake Oswego real estate.

Highlights

  • 6,000 SF building on a 0.5+ acre lot in Lake Oswego, Oregon's top market.
  • Previously operated as a veterinary clinic and animal boarding facility for 35+ years.
  • IP zoning allows for retail, medical, and office uses.
  • Market rent: $34/SF, NNN.

Property Details for 17131 Lower Boones Ferry Rd

Property type
Other mixed-use properties, Mixed-use properties
Class
B
Stories
1

Location Insight

City
Lake Oswego
County
Clackamas
State
Oregon
Latitude
45.401725466392
Longitude
-122.73432433817
17131 Lower Boones Ferry Rd, Lake Oswego, Oregon

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17131 Lower Boones Ferry Rd
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