Exterior
CommercialHospitality - Hotel / Motel
845 Washington Ave, Portland, OR 97201
Description
Class A property with premium finishes and amenities. Attracts high-quality tenants willing to pay premium rents.
Property Details
Building Size
29,367 SF
Lot Size
77,270 SF
Year Built
1969
For Sale
VerifiedAsking Price
$19,060,000
Cap Rate
8.6%
Net Operating Income
Pro Forma$1,639,160
Gross Income$2,294,824
Operating Expenses$655,664
Vacancy Rate10%
Occupancy: 86%
Listed by
David Park
developer
Last verified: 8/20/2026