For Sale Or Lease
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FOR SALE PORTLAND OLD TOWN OPPORTUNITY OR LEASE TUCK LUNG BUILDING 140 NW 4TH AVENUE | PORTLAND, OR 97209 OLD TOWN TWO-STORY BUILDING, WITH BASEMENT PROPERTY DETAILS The Tuck Lung totals 33,692 square feet of rental space. PROPERTY Tuck Lung Building ADDRESS 140 NW 4th Avenue 2nd floor medical clinic improvements include offices, conference center, exam rooms, reception area, full upgrades to fire sprinkler and potable water service, BUILDING SIZE 33,692 SF, including unfinished basement electric upgrades, new HVAC units, gas meters and service, and 2016 seismic LAND AREA 13,000 SF upgrades to the second story. OCCUPANCY 80% YEAR BUILT 1977 Guardian Real Estate Services completed the ground floor retail tenant CONSTRUCTION Beam and brick improvements in 2018. ELEVATOR Central Service Elevator SUBMARKET Old Town ZONING Central Commercial (CX) HISTORICAL Compatible Non-Contributing Classifcation EXPOSURE Property has exposure on NW Davis & NW 4th Avenue SALE PRICE $10,900,000 The Tuck Lung Building is located in what was originally the center of Chinatown in the late 1800s. Built in 1977 by owners Albert & Vivian Wong. When the building first opened, it was home to the Tuck Lung Co. Grocery and Restaurant, which closed permanently in 1993. SURROUNDING AREA • Shopping: Portland Saturday Market, Orox Leather Goods, Unspoken. Kiriko Made, Laundry, Produce Portland • Hotels: The Society Hotel, The Hoxton Hotel • Activities: Lan Su Chinese Garden, Portland Chinatown Museum, Shanghai Tunnels, Portland Walking Tours, Ground Kontrol, Roseland Theater, Siren Theater, Waterfront Park • Dining: Red Robe Tea House, Taqueria Las Piedritas, Republic Cafe, Theo’s, Charlie’s Deli, Old Town Pizza & Brewing • Creative Art Work Lofts PUBLIC TRANSPORTATION • One block from NW 5th & Couch Max Station - Green/Orange Line • Two blocks from Old Town/Chinatown MAX Station - Blue/Red Line NW Davis Street Davis NW NW 4th Avenue RETAIL FLOOR PLAN Not to Scale WE COOPERATE WITH BROKERS FOR INFORMATION CONTACT TAMARA HOLDEN Guardian Real Estate Services LLC 503.802.3578 [email protected].