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BENEVOLENT ASSOCIATION BLDG

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VALUATION

VALUATION

26-32 NW 4TH AVE • PORTLAND, OR 97209

Building (s) . . . 9,500 SF

Land . . . 4,750 SF

Acres . . . 0.11 AC

Year Built . . . 1890/1970

Zoning . . . Commercial: 148

Event Space . . . 3,000 sf

Residential . . . 9 SRO units w/ central Kitchen

Parking . . . Street

Use. . . Mixed-Use: Event Space/ SRO

Major Tenants . . . SHAKE BAR (Nightclub)

Mixed-Use Asset

3,000 sf of event space, currently operating as SHAKE BAR (nightclub) and crowned with 9 Single-Room-Occupancy units with a shared kitchen.

The Vibe

An engaging mix of Historic Portland, Iconic Culture, and Modern Nightlife. This area of the city draws in the energetic youthful carefree nightlife that calls Portland home. 8.224% Population growth is forecasted for the 1 mile radius of this location.

Old Town Chinatown Nightlife District

Boasting 10 dance venues within it’s 10 city block spread, Old Town Chinatown is the Vibrant Nightlife District of a very colorful city.

1 Block from Prominent Retail Corridor

Strong national and regional retaiers line NW Burnside St. Most notable retail includes: Powell’s City of Books, Voodoo Donught, Patagonia, Dr. Martin’s, Buffalo Exchange, Whole Foods, Vans, , and of course, the Mcmenamins Ringler’s Pub, Crystal Ballroom, & Crystal Hotel.

High Employment + Healthy Consumer Spending

The Mixed-Use, Multi-Tenant Building is just 7 minute drive from Oregon Health + Science University (Portland's 2nd largest employer, with 21,000 staff). Within the 5 mile radius of this location annual consumer spending is $12B with 5 year forcasted increase to $13B.

Highly Visible

Great visibility and signage with direct line of sight through Portland’s Chinatown Gateway to W Burnside & exposure to 21,423+ VPD.

9,500 SF MIXED-USE (EVENT SPACE + SRO UNITS)

INVESTMENT ON 4,570SF LOT

BENEVOLENT ASSOCIATION BLDG | PORTLAND, OR THE NUMBERS

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