The Rinehart Building
$2,400,000
3037-3041 N Williams Ave & 18-20 N Monroe St, Portland, OR 97227
13,362 sqft
Building Size
0.1108 acres
Lot Area
Details:
Highlights:
- Two commercial units w/abundant basement storage
- Seven residential units: six 1bd/1ba + one 2bd/1.5ba w/rooftop terrace
- Ample street parking and easy transportation access
- Traffic count: 7,910+ cars per day + ample bike traffic
- Secure/gated access to trash/recycling/bike storage
- Below average market apartment rents offer upside
- 92 Walk Score and 100 Bike Score
- Potential billboard income on northbound traffic facing wall
Description:
Mixed-use multifamily asset holds two buildings on a single tax lot comprised of two commercial units and a total of seven apartments. The Rinehart Building on the corner of N. Williams & N. Monroe, includes office and retail storefront suites and five 1bd/1ba apartments on the 2nd level. This historical building underwent complete renovation in 2014. The Monroe Building, a 2014 new build duplex, encompasses a 1bd/1ba & a 2bd/1.5ba apartment with rooftop terrace. The buildings share secure garbage/recycling, storage and bike room access.
Located along the N Vancouver/N Williams corridor in the heart of the Eliot neighborhood within walking distance to nearby restaurants, grocery, retail, and more. Easy access to I-5 & I-405 and public transportation. Williams Avenue offers a prime bike thoroughfare and a vehicle traffic count of over 7,910 cars per day providing ample signage/billboard income opportunity on the wall facing Northbound traffic.
1 Space Available
3037 N Williams St Restaurant
Documents:
| Title | ||
|---|---|---|
| Bar Lease Brochure | ||
| Rinehart_Sale_Brochure.pdf |
Location
Gallery
