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The Balfour

733 SW Oak St, Portland, OR 97205, USA

Description

For Sale – $7,100,000

Originally built in 1913, The Balfour is a LEED Silver, historic office building constructed in the 20th Century Italian Renaissance style and located in the heart of the Portland Central Business District. The Balfour underwent an extensive renovation in 2002 and 2018 which vastly improves its energy performance/sustainability and structural integrity while preserving its character as a contributing asset to the National Historic Register. The Balfour’s renovations present a great turn-key opportunity for an Owner/User or Investor to take advantage of.

Available

  • Building Size: ± 17,655 SF
  • Asking Price: $7,100,000 ($402.15/SF)

Highlights

  • Rare opportunity for full-building location in a historic property in downtown Portland.
  • Flexible floor plate configurations appeal to both single users and multiple tenants.
  • Favorable all-in cost of occupancy due to energy efficient building.
  • Fully renovated, including new roof, elevator, seismic retrofit, LEED Silver status and interior common area upgrades.
  • Immediate availability with ability to turn-key any desired space modifications.
  • Employees will benefit from central city location proximate to public transportation, local restaurants and services.
  • On-site amenities include expansive ceiling heights and window lines (light and bright), kitchenettes, showers and bike parking.
  • Property is located within the new tax reform Opportunity Zone.
  • Base FAR 9:1 (12:1 bonus) with ± 64,777 SF of transferable Floor Area available.

Property Documents

  • City: Portland
  • State/county: Oregon
  • Neighborhood: Central Business District - Downtown
  • Country: United States

Floor plans

Lower Level

Main Level

Upper Level

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