4124 N Mississippi Ave #1 · Apartment for Rent

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 | **** or Call: 503-793-2970