GREENWOOD PROFESSIONAL BUILDING

Excellent Owner/User or Investment offering perfect for an owner/user looking to occupy part or all of the space or for Investors seeking a prime asset.

The building offers a flexible single or multi-tenant setup with lower and upper level suites, private offices, welcoming reception area, dedicated points of entry, restrooms, 11 dedicated parking stalls with four (4) being covered. New paver patio entry to lower-level has just completed. 0.16/AC (6,969.6+/-SF CL zoned lot), Tax Map/Lot: 1171233BC 08200-Originaly designed and constructed in 1964, 3.068+/-SF building (Suite A: 617+/-RSF)/ Suite B: 613+/-RSF) with balance of square feet on the main street level currently leased by Cascade Chiropractic and will vacate upon close of sale.

UIC has just completed Rule Authorized and Registration with State of Oregon DEQ, Water, Sewer, Electrical, Gas and Teleco all to the building. Wood frame/concrete block construction, roof replaced in 2023 w/membrane roofing system. Separate HVAC units between the upper level & lower level with upper level suites having own thermostats. Split-level light-medical/office building with One (1)unisex restroom and the upper level suites with dedicated private points of entry and One (1) common area unisex restroom on the upper level. CAT 5 Data available, 220amp/240v electrical service, high visible corner at Greenwood Ave & NE 5th Street, Eleven (11) dedicated parking stalls, Four (4) covered, with parking lot lighting.

With short-term tenants in place, this property is ideal for Owner/User looking to occupy and customize their own space while possibly maintaining some lease income.
Corner lot exposure ensures maximum visibility. Conveniently located on the SW corner of Greenwood Avenue & 5th Street, property has high exposure, strong traffic counts adding to the professional appeal of the property. A busy and thriving area, the traffic counts on NE Greenwood (Hwy 20) are over 29,400 AADT/per day. (2023 ODOT study).

The owner of the property donated his building to Hillsdale College on 12-20-2024 and Hillsdale College hired Fratzke Commercial Real Estate to market the property for sale. Buyer to do their own due diligence. Please contact listing Brokers for more information.

Property Details