1405 Johnson StPortland, OR 97209

For Sale
$10,000,000

$10M, 134,500 SF, High-Profile Location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property, located in Portland's coveted Pearl District, offers 134,500 square feet of prime commercial space. The building features 37,849 square feet of retail/office space ideal for a corporate headquarters or high-profile retail tenant, complemented by a 96,651 square foot, 226-stall covered and secured parking garage. Boasting 200 feet of street glassline on NW 14th Street and a rooftop branding opportunity visible from Interstate 405, this Class A building presents unparalleled visibility. Situated beneath 123 high-end residential condo units, this property benefits from significant foot traffic and a vibrant surrounding community. Constructed in 2003, the two-story building holds a LEED Platinum Certification, reflecting its commitment to sustainability. The property is currently vacant, presenting a unique opportunity for an owner/user seeking a value-add investment. The permitted zoning is EX, and the Assessor's Parcel Number (APN) is R546802. This is a rare opportunity to acquire a high-profile, mixed-use asset in one of Portland's most desirable neighborhoods. The asking price is $10,000,000, with a price per square foot of $74.35.

Highlights

  • $10,000,000 asking price for a 134,500 SF mixed-use property in Portland, OR.
  • Class A, 2-story building with 37,849 SF of retail/office space and a 96,651 SF parking garage (226 spaces).
  • Located in the Pearl District with 200 feet of street frontage and rooftop branding opportunities.
  • LEED Platinum Certified and vacant.
  • Owner/user opportunity with value-add potential.

Property Details for 1405 Johnson St

Property type
Other retail properties, Individual retail properties
Square Feet
134,500 SF
Class
A
Year Built
2003
Buildings
1
Stories
2

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.529244816293
Longitude
-122.68535906658
1405 Johnson St, Portland, Oregon

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1405 Johnson St
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