The Water Tower Listing Details & Market Data

Off-Market

5331 SW Macadam Avenue, Portland, OR 97239

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  • Property Type Office - General Office
  • Property Size 114,976 SF
  • Lot Size 3.66 Acre
  • Parking Spaces Avail. 425
  • Parking Ratio 3.70 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970

Location

Getting Around

  • Walk Score ® Very Walkable (74)
  • Transit Score ® Good Transit (50)
  • Bike Score ® Biker's Paradise (98)
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Corbett - Terwilliger - Lair Hill
  • Zip Code 97239
  • Market Portland

Points of Interest

South Waterfront

1.05 miles

Marquam Hill

1.11 miles

Oaks Park

1.13 miles

Southwest 5th & Montgomery

1.91 miles

City Hall/Southwest 5th & Jefferson

2.13 miles

Southeast Martin Luther King & Morrison

2.35 miles

Southeast Tacoma/Johnson Creek

2.38 miles

Central Library

2.43 miles

Southwest 11th & Alder

2.56 miles

Northeast Oregon & Grand

3.15 miles

Blink

2.14 miles

Blink

2.15 miles

Chevron

2.31 miles

Tesla Destination Charger

3.19 miles

Electric Island

5.21 miles

Ev charging

5.31 miles

Shell

5.44 miles

Arco

6.03 miles

Blink

6.10 miles

Chevron

6.53 miles

East Lot

1.59 miles

Waterman Building Parking Annex

2.02 miles

Parkmill Lot

2.06 miles

Parent Parking

4.00 miles

P13

4.14 miles

DeSmet Parking Lot

4.57 miles

Old Town Central Lot

6.15 miles

Bethel Congregational Church

6.33 miles

Leach Auxiliary Parking

6.81 miles

Education Center Parking

7.93 miles

Hillsdale Food Park

0.93 miles

Olia

1.34 miles

Sellwood Corner Food Carts

1.61 miles

Hog & Hen

1.75 miles

Roots Food District

2.30 miles

mama đút

2.55 miles

Ash Wood Fired Pizza

2.63 miles

Butterfly Belly Asian Cuisine

2.85 miles

Tom's Restaurant

2.93 miles

Carts on Foster

3.36 miles

Portland State University

1.73 miles

Simon Benson House

1.98 miles

Lewis and Clark Law School

2.20 miles

Lewis and Clark College

2.23 miles

Portland Community College Downtown Center

2.28 miles

The Art Institute of Portland

2.77 miles

Kaplan

2.87 miles

Aveda Institute

2.87 miles

Pacific Northwest College of Art - Schnitzer Center

2.94 miles

Mt Scott Learning Center

3.72 miles

My Bundle of Joy

1.16 miles

Childcare Center

1.88 miles

Grandma’s Place Early Learning Center

2.04 miles

Moda Tower Child Development Center

2.36 miles

WeVillage

2.92 miles

MetroKids Playground

3.06 miles

Sonshine Preschool & Kindergarten

3.99 miles

Wee Works

4.42 miles

KinderCare

5.30 miles

Bee Bops

6.29 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 31 Jul, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

Tax

  • Base Tax $211,111
  • Current Tax $246,430
  • Market Value* $24,371,820
  • Assessed Value $24,371,820

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.