4124 N Mississippi Ave
$4,000
3bd2ba1,300sf
House

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Offered for Rent by
TLC Rental Management
Company TypeProperty ManagerOperates InOR, WATotal Units47
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Description

4124 N Mississippi Ave | Portland, OR 97217

Commercial Ground Lease | Mixed-Use CM2 Zoning | Flexible Work/Live Space | Food Cart Space

Off-Street Parking

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,

Updated 3bd/2ba, and electrical for food cart and festoon lighting plug-ins

Mississippi Avenue is one of Portland's most walkable and commercially active corridors, with

strong daily pedestrian traffic, a dense thriving mix of restaurants, retail, galleries, and music

venues. Property fronting onto Mississippi Aves provides 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 +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 approx. $465 per month

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 and deposit) $5,165

House + Food Cart Pad Or Extended Business

Total Due at Signing $5,665

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/or Multnomah County food cart permits (if

operating a food cart)

For more information or to schedule a showing, please contact:

TLC Rental Management LLC | [Use EMAIL button] Call: [Use CALL button]

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4124 N Mississippi Ave
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