Listing Courtesy of: GreatWesternRE@gmail.com - Cornell Mann - Great Western Real Estate Co
503-255-7775
$2,611,550
Calculate Payment
Calculate Payment
13116 NE SANDY Blvd Portland, OR 97230
General Commercial
Residence
Beds
Baths
17,500
Sq. Ft.
1.38
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
OPPORTUNITY FOR EXPANSION:A framed and roofed 350 sq. ft. storage room can be converted into RENTABLE SPACE. This property is available for sale only in conjunction with the neighboring corner lot, and both transactions will occur simultaneously. The property is an owner-managed income property, con...sisting of a well-maintained strip mall with 8 tenants across 2 buildings, all of whom are currently fully leased. There is significant potential for increased returns through raising rents, as the current lease rates are below market value. Situated on a highly visible location along a bustling arterial street, just minutes away from Costco, this property boasts excellent accessibility via Sandy Blvd and NE 131st Ave. This property also offers a favorable return on investment and has the potential for increased income through additional investment, such as expanding into the adjacent vacant lot. The strip mall features a diverse mix of tenants, impressive curb appeal, and ample parking, making it a compelling investment option.
Continue reading
MLS#
24138244
Property Type
General Commercial
Status
Year Built
1968
Square Feet
17,500
sq. ft
Lot Size
1.38
Sewer
Public Sewer Available
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Rental Valuation Estimate
Per Month
Nearby Homes For Sale
Just Listed
And
Homes Available
In