The Cully Building
326-338 SE Martin Luther King Blvd, Portland
, OR 97214
The Cully Building
Owner-user opportunity in vintage Portland office with off-street parking
The offering provides the opportunity to acquire The Cully Building, a historic 13,000 SF building in Portland’s Central Eastside. Located on SE MLK Blvd, the property is heavily trafficked, seeing 26,800 VPD with ample access to public transportation, including bus, MAX light rail, and bike lanes. The property is 38% occupied, providing an ideal opportunity for an owner-user or value-add investor. The building was initially developed in 1884 and has had a partial seismic retrofit after the property was purchased in 2002. Additional renovations have been completed since that time. Situated in an ideal close-in Portland location, The Cully Building has a plethora of surrounding amenities, including hotels, restaurants, breweries, access to the Willamette waterfront, and is situated less than half a mile from the Oregon Convention Center.
The offering provides the opportunity to acquire The Cully Building, a historic 13,000 SF building in Portland’s Central Eastside. Located on SE MLK Blvd, the property is heavily trafficked, seeing 26,800 VPD with ample access to public transportation, including bus, MAX light rail, and bike lanes. The property is 38% occupied, providing an ideal opportunity for an owner-user or value-add investor. The building was initially developed in 1884 and has had a partial seismic retrofit after the property was purchased in 2002. Additional renovations have been completed since that time. Situated in an ideal close-in Portland location, The Cully Building has a plethora of surrounding amenities, including hotels, restaurants, breweries, access to the Willamette waterfront, and is situated less than half a mile from the Oregon Convention Center.
