Portland OR Commercial for Sale
$4,000,000
1909 SW 6TH Ave Unit 1909 Portland, OR 97201
- Type:
- General Commercial
- Sq.Ft.:
- 6,498
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- 24122183
View additional info
Courtesy: Coldwell Banker Bain
541-382-4123
ADDITIONAL INFORMATION
Income or redevelopment investment property with over 200 feet of frontage. High traffic count, visibility in the heart of PSU and national brands. 3 NNN leased units. CX - Central Commercial in Opportunity Zone. Family owned AAA commercial investment property since 1953. The property is conveniently located on NE corner of SW Hall St and SW 6th Ave in Portland Oregon. Portland State University has over 28,000 students, 6000 professors, managers, and administrative staff. This investment property benefits from walking traffic to and from the various colleges, University Center and a multi-level student parking garage across street. The 6500 sq. ft. building includes valuable on-site management parking. There is currently a restaurant, boutique coffee shop, and a print shop that serve the University population. Excellent 1031 Exchange for income. Do not disturb businesses. Call or email listing broker for details.
Portland Real Estate
The median home value in Portland, OR is $537,200. This is higher than the county median home value of $478,700. The national median home value is $338,100. The average price of homes sold in Portland, OR is $537,200. Approximately 50.37% of Portland homes are owned, compared to 44% rented, while 5.63% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Oregon 97201 has a population of 647,176. Portland 97201 is less family-centric than the surrounding county with 29.49% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Portland, Oregon 97201 is $78,476. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Portland 97201 is 37.9 years.
Portland Weather
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 36.4 degrees. The average rainfall is approximately 42.8 inches per year, with 2.6 inches of snow per year.