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Updated 5 days ago

1603 NE 16th Ave


Portland, OR

Studio
1 Bath

1,400 Sq. Ft.

Available Now
Studio • 1 Bath
$2,333
1400 ft2
1 Available
Managed By: KJK Properties PC
Updated 5 days ago

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1603 NE 16th Avenue Suite A
$2,333
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
95
Walker's Paradise
Transit Score®
71
Excellent Transit
Bike Score®
95
Biker's Paradise
Amenities
On-site Laundry
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Fees & leasing info
Parking
Garage - Attached
Lease & Fees
Security Deposit: $2,333
Property details
Description

Prime Commercial Space in Irvington/Broadway/Lloyd Districts - Ideal for Your Business! - Uncover an outstanding location right on NE 16th and NE Weidler – a prime opportunity awaits. With just 5 steps leading down to this inviting and well-lit office space, you'll discover a versatile layout. Currently features a welcoming reception/lobby area, three private offices, an open workspace, conference or break room area, a kitchenette-style cabinet with a sink, and a convenient bathroom. Additionally, two storage closets are thoughtfully integrated into the space, and the mechanical room is designed to enhance your operational efficiency.

Rest easy knowing that the property is meticulously maintained, with recent upgrades. We've spruced up the interiors with a fresh coat of paint and new flooring, making it perfect for your new business endeavors. And hey, we've even got you covered with two dedicated tandem parking spots right in the heart of the lot (check out the photo)! With great visibility and loads of traffic passing through, your business is set to soar in this spot!

Stand out from the crowd with our prominent signage and an eye-catching display out front, available at no additional cost per month.

This space is a perfect fit for various purposes, be it retail, office use, tattoo shop, or practices such as massage therapy, acupuncture, or counseling. The abundance of natural light creates an inviting atmosphere that inspires productivity and creativity.

As for expenses, tenants are responsible for 100% of the electricity for the space and billback of water, sewer, and landscaping fees are calculated based on an annual formula and billed monthly, with an annual reassessment of utilities based on building usage. The flexible rent structure starts at $20.00/per square foot per year.

For those less familiar with the area, this property is situated in the heart of the vibrant Broadway district, straddling the Irvington/Sullivan's Gulch and Lloyd neighborhoods. Convenience is key here, as you can stroll to coffee shops, dining spots, and boutique shopping options right on this bustling city block. Access to downtown, The Pearl, I-5, and I-84 is swift and easy, with various transportation options at your doorstep. Notably, average daily traffic counts exceed 10,000 on Broadway and surpass 11,000 directly on Weidler, right at the corner.

Terms: $20/sf.yr. Modified Gross, separate electric, and total of 1400 sq. ft.

Please note that this space is designated for commercial use only, ensuring that your clients can effortlessly locate your business and enhance your visibility within the community.

Don't miss this opportunity – make your mark at this exceptional location!

Call or text Eseta at (503) 445-8533 x29 for showings.

(RLNE7916196)

Additional Details
Account Type: Other
Total Unit Count: 7
Last Updated: Updated 5 days ago
Contact Number: (503) 445-8533 ext: 29
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
StarTouch Broadband 20.0 20.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1603 NE 16th Ave by bedroom type below.
Studio
Suggested income:
$84,000
per year
Rent report

1603 NE 16th Ave Rent vs. Portland Average

 1603 NE 16th Ave      Portland Average
Studio
$2,333
$1,222
$0
$800
$1,600
$2,400
$3,200

1603 NE 16th Ave is asking 91% more than the average studio apartment in Portland.

If you upsized to an average priced Portland 1 bedroom apartment, you would pay 20% more per month.

1603 NE 16th Ave provides 242% more square footage than the average Portland studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1603 NE 16th Ave
Studio $2,333 $1.70 $6,999
Portland Average
Studio $1,222 $3.00 $3,665
1BR $1,533 $2.50 $4,599
2BR $1,885 $2.10 $5,656
3BR $2,540 $1.80 $7,619
4BR $3,411 $1.50 $10,234

Availability in Portland

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,595 1BR units on the market in Portland. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
24% 38% 30% 6% 1%
Available Units in Portland
Studio 1,017
1BR 1,595
2BR 1,237
3BR 247
4BR 58
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Legacy Emanuel Medical Center 1.15 mi.
Providence Portland Medical Center 1.79 mi.
Legacy Transplant Services 2.31 mi.
Nearby Fire Stations
Name Distance
Portland Fire & Rescue 1.34 mi.
Portland Fire Department 2.11 mi.
Humboldt Fire Department 2.11 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,400 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
1603 NE 16th Ave has a studio unit starting at $2,333.
Where is this property located?
This property is at 1603 NE 16th Ave in Portland, OR. It's 1.5 miles northeast from the center of Portland.
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