Situated in Portland’s vibrant Lloyd District, this property is an ideal investment for an owner/user seeking additional income potential. Located in a bustling, walkable neighborhood near major attractions and amenities, it benefits from high foot traffic and excellent access to public transportation. Built in 1965, the LorLin Building was designed by Burton Goodrich, a protégé of Frank Lloyd Wright, reflecting a distinctive Midcentury Modern style. The LorLin Building shows clear pride of ownership, featuring a recently replaced roof under a 20-year warranty to minimize future maintenance costs. Planned exterior repainting will further boost curb appeal, drawing potential tenants and enhancing property value. Zoned RM3, the property offers flexibility for multiple uses and includes on-site parking for added convenience. A diverse tenant mix with high retention supports long-term stability.Suite 200 will be delivered vacant, offering a beautiful, highly functional space suitable for a variety of business types. Overall, this property is an outstanding investment opportunity with strong income potential, minimal capital expenditures, and a vibrant local environment, positioning it for both immediate and long-term growth.
Lot & Building Features
CoolingCentral Air
HeatingForced Air, Other
Parking DescriptionOn Site, Paved
SewerPublic Sewer
WaterPublic Water
Price History of 200 20TH AVE, Portland, OR
Date
Name
Price
Difference
01/24/2025
Listing Price
$2,450,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
200 20TH AVE (MLS #553318096) is a commercial listing located in Portland, OR.
This commercial listing is 8,543 sqft and on a lot of 14,810 sqft (or 0.34 acres) and is 60 years old. This property was listed on 01/29/2025 and has been priced for sale at $2,450,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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