Sold Alerts provide potential sellers with hard-to-get comparable sale information.
Go behind the scenes with this undisclosed, off-the-record transaction that may affect the value of your commercial property:
- Built in 1925, 1602 17th Avenue S is a former residence that’s been converted into a live-work office building.
- The basement level was once used as a recording studio.
- 9 parking spaces in front and rear parking lots.
- 2,043 SF building on a .14-acre parcel.
- Located just South of the Music Row neighborhood.
- Zoned OR20.
- Nearby businesses include Jay’s Place Recording Studio, XIX Entertainment, Horton Group and Root 49 Music.
- This was an owner-user purchase.
- The property last traded in 2019 for $901,000.
- The asking price was $1,799,000.
- The property just sold for $1,700,000…the equivalent of $832/SF.
Get clarity on what it would look like to sell your property in today’s market. Get your free Seller Clarity Report now.
Let the comps speak for themselves…get the 3 comparable sales most like your property. Get your comps now.
About Beau Beach, MBA CCIM
Beau is a battle-tested Commercial Real Estate Broker, entrepreneur, author and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.
Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in the Southeast.
He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.
He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.
Click to schedule a call with Beau or email to Beau@SoldbyBeachwood.com