Mt. Kilimanjaro Building

8085 SE 13th Ave , Portland, OR 97202 (click for map)

Status: Sold

Primary Uses: Office Building with Ground-Floor Retail & Restaurant Space

Building Size: 12,647 SF

Lot Size: 20,000 SF

Zoning: CS - Storefront Commercial

Built: 1912

Renovated: 2010

*SOLD - September 2017* This property sits on the primary intersections in Sellwood, just minutes over the New Sellwood Bridge from both Downtown Portland, Lake Oswego and the East Moreland neighborhoods. Originally known as the historic Bank of Sellwood building, with approx 10,000 sq ft of mixed-use bldg and 20,000 sq ft of land, this recently renovated and redeveloped, mixed-use retail-and-office center offers old world charm with modern amenities. Anchored by a community cornerstone institution, OnPoint Credit Union has been servicing their customers in Portland since 1932. The property is currently 100% Leased on NNN leases to all Office & Retail tenants, and has had many new upgrades to the building including a newly paved parking lot, LED lighting, and monument signage, as well as mechanical, electrical & plumbing improvements. With wonderful curb appeal and visibility, Tenants enjoy great style with a super location for their business ventures. This property is ideally located to offer superior quality options for local area establishments.

Cap rate: Approx. 6%

Occupancy: 100%

Tenant Count: 14

The building features a historic look with highly efficient mechanical & electrical systems, high ceilings, on-site parking, ADA accessibility, excellent visibility, a nice neighborhood feel, and proximity to the Springwater Corridor Trail.


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