Highlights
- Paved off-street parking
- Offices, professional services
Location
Tour 4124 N Mississippi Ave #1
Contact
TLC Rental Management
Nearby rentals
Property management
TLC Rental Management
One-time.
One-time. Refundable.
This is a Rare Mix-Use commercial ground lease opportunity on a 5,000 sq ft CM2-zoned property North Portland's most active commercial corridor Paved Off-street parking Updated 3drm/2 ba, updated electrical for food cart and festoon lighting plug-ins Mississippi Avenue is one of Portland's most walkable & amp; commercially active corridors Strong daily pedestrian & vehicle traffic providing excellent business visibility, dense mix of cafes, restaurants, retail, galleries & music venues Property fronting onto N Mississippi Ave The property is ideal for: *Flexible Live/Work *Food Cart (subject to Multnomah County Health and permitting requirements) *Offices, Professional Services *Creative Studios and Business *Entrepreneur seeking high-visibility space *Retail sales and Services Subject to City of Portland permitting requirements for Signage, structural modifications Lease Terms Base Rent: $3,250/month (property taxes, insurance, management fee, landscaping), $500 cleaning (non-refundable) Security Deposit $1850 Additional $400/month for food cart space and/or extension of the business that uses the courtyard as a part of the business operations available together or structured as a combined commercial concept Lease Type: Property taxes, insurance, management fee, landscaping are included in base rent. Tenant is responsible for all utilities. Initial Term: 18 months or 2-3 yrs, with renewal options Pets- 1 dog/cat 20lbs or less and no aggressive breed- $60 monthly and $500 deposit Total Due at Signing (doesn't include pet expenses) $5,600 House + Food Cart Pad + Extended External Business + Security Deposit +Cleaning fee Total Due at Signing (doesn't include pet expenses) $6,000 Tenant Requirements Prospective tenants should be prepared to provide the following: • Commercial general liability insurance of $1,500.000 per occurrence, naming the Landlord as additional insured • A personal guaranty from the tenant's authorized principal • Evidence of applicable business licenses and Multnomah County food cart permits (if operating the pad) For more information or to schedule a showing, please contact: TLC Rental Management LLC | **** or Call: 503-793-2970
How 4124 N Mississippi Ave #1 compares to other nearby properties.
Positives
| Neighborhood | Boise |
|---|---|
| Zip code | 97217 |
| Type | House for rent |
3-bedroom apartments at 4124 N Mississippi Ave #1 cost about 42% more than the average rent price for 3-bedroom apartments in Portland.
| Month | Median Rent |
|---|---|
| August 2024 | $2,600 |
| September 2024 | $2,631 |
| October 2024 | $2,557 |
| November 2024 | $2,499 |
| December 2024 | $2,496 |
| January 2025 | $2,498 |
| February 2025 | $2,497 |
| March 2025 | $2,526 |
| April 2025 | $2,495 |
| May 2025 | $2,495 |
| June 2025 | $2,523 |
| July 2025 | $2,519 |
| August 2025 | $2,563 |
| September 2025 | $2,515 |
| October 2025 | $2,595 |
| November 2025 | $2,536 |
| December 2025 | $2,495 |
| January 2026 | $2,495 |
| February 2026 | $2,495 |
| March 2026 | $2,495 |
| April 2026 | $2,511 |
| May 2026 | $2,497 |
| June 2026 | $2,496 |
| July 2026 | $2,497 |
| August 2026 | $2,595 |
| Month | Median Rent |
|---|---|
| September 2024 | $2,845 |
| October 2024 | $2,705 |
| November 2024 | $2,645 |
| December 2024 | $2,945 |
| January 2025 | $2,695 |
| February 2025 | $2,695 |
| March 2025 | $2,771 |
| April 2025 | $2,658 |
| May 2025 | $2,395 |
| July 2025 | $2,695 |
| August 2025 | $2,845 |
| September 2025 | $2,809 |
| October 2025 | $2,745 |
| November 2025 | $2,736 |
| December 2025 | $2,928 |
| January 2026 | $2,895 |
| February 2026 | $2,873 |
| March 2026 | $3,358 |
| April 2026 | $3,296 |
| May 2026 | $3,500 |
| June 2026 | $3,008 |
| July 2026 | $2,495 |
Can I afford to live at 4124 N Mississippi Ave #1?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$130,000/yr
| 5 months ago | $3,250 |
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