4124 N Mississippi Ave #1 · Apartment for Rent

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