4124 N Mississippi Ave, Portland, OR 97217

4124 N Mississippi Ave | Portland, OR 97217
Commercial Ground Lease | Mixed-Use CM2 Zoning | Flexible Work/Live Space | Food Cart Space
Off-Street... Parking

Property Overview
This is a Rare Mix-Use commercial ground lease opportunity on a 5,000 sq ft CM2-zoned property with paved off-street parking on North Portland's most active commercial corridor. A updated three-bedroom/2 baths, updated electrical for food cart and festoon lighting
Mississippi Avenue is one of Portland's most walkable and commercially active corridors, with strong daily pedestrian traffic, a dense mix of restaurants, retail, galleries, and music venues, and consistent vehicle flow providing excellent business visibility.

The property is ideal for:
*Flexible Live/Work
*Food Cart (subject to Multnomah County Health and permitting requirements)
*Offices and professional services
*Creative Studios and Business
*Entrepreneur seeking high-visibility space
*Retail sales and Services
*Small business operations
Subject to City of Portland permitting requirements for Signage, structural modifications
Lease Terms
Base Rent: $3,500/month (house) + NNN, security and cleaning deposit $3,7250 and all utilities
Additional $500/month for food cart space and or an 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: Triple Net (NNN) tenant is responsible for property taxes, insurance, landscaping, and management fee

Initial Term: 18 months or 2-3 yrs, with a renewal options
Pets- 1 dog/cat 20 lbs or less and no aggressive breed- $60 monthly plus $500 deposit

Total Due at Signing (plus additional pet fee) $7,250

House + Food Cart Pad Or Extended Business
Total Due at Signing $7,750

Tenant Requirements
Prospective tenants should be prepared to provide the following:
• Commercial general liability insurance of $2,000,000 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 a food cart)

For more information or to schedule a showing, please contact:
TLC Rental Management LLC | or Call: Read More