Portland OR Commercial for Sale
- Type:
- Industrial
- Sq.Ft.:
- 1,130
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- 24591707
View additional info
Courtesy: L Weber Real Estate Services, LLC.
503-930-0933
ADDITIONAL INFORMATION
Great business starter opportunity with Seller Terms available in an updated structure literally built like a tank which it actually is. A 1966 International Tank and Pipe Co. solid redwood structure originally custom-designed for a small 2-story legal firm then several years as a salon. Most recent occupant had a cannabis oil product facility. The electrical service and ventilation systems could easily lend themselves to a pottery studio, creative food production, jewelry repair, or a hub to start-up a new plumbing or small electrical tool work, subject to review of zoning requirements. Property is being sold As-Is. Current owner in 2017/18 fully upgraded electrical (400 amps - new panel), new upper level HVAC, new wiring-(except half-bath), vent systems, extensive security system, new VCT flooring, room walls/dividers, and to 2018 code, commercial enclosed stairwell. Structure has qualified for F-1 (permit attached) light manufacturing and improvements have been installed for food grade level small production per 2018 Dept of Agriculture regulations. Buyer to perform their own due diligence review as to current CM2 & a small NE portion R5 zoning and permitting as applicable to the anticipated use they intend for the property. Paved parking area can currently accommodate 7 cars. 13,300 sq ft, two tax lot parcel. Super SW location in Johns Landing/Fulton area minutes to downtown, Lake Oswego, and Portland. Seasonal views of the River and St Helens. Your imagination is the limit with this groovy piece of Portland history.
$2,695,000
7409 SW CAPITOL Hwy Portland, OR 97219
- Type:
- General Commercial
- Sq.Ft.:
- 8,400
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 24089046
View additional info
Courtesy: Berkshire Hathaway HomeServices NW Real Estate
503-624-9660
ADDITIONAL INFORMATION
Presenting a distinguished investment opportunity at Multnomah Village Wellness Center & Retail! This fully leased commercial property spans 8,400 square feet and was originally built in 1947. It seamlessly blends historic charm with contemporary amenities, making it a standout asset in the heart of Multnomah Village. This property guarantees a stable income stream with all 14 units fully leased. Tenants include well-known retail brands like Frey's Furniture, Narrative Home, and Katelyn's Closet?alongside 11 esteemed wellness professionals and traditional office tenants. This diverse tenant mix not only ensures a resilient income flow but also enhances the building's appeal to a broad clientele.Excellent rental rates with built-in yearly escalations and long-term tenants provide a reliable and growing income stream. The building has undergone significant upgrades in the last five years, including a new roof, furnace, air conditioning system, and new stairs, ensuring modern comfort and reliability for tenants.The property is meticulously maintained, with four units featuring elegant hardwood flooring. Common areas feature reception seating, wet bars, and two second-story entrances with newly refinished staircases. One suite boasts access to a second-story patio, offering a unique perk for its occupant.Additionally, the property provides 15 parking spaces, ensuring convenience for tenants and their clients.Located in the vibrant Multnomah Village, this property benefits from high foot traffic and excellent visibility. The area is known for its thriving commercial activity, making it an ideal location for businesses.
Portland Real Estate
The median home value in Portland, OR is $423,300. This is higher than the county median home value of $411,100. The national median home value is $219,700. The average price of homes sold in Portland, OR is $423,300. Approximately 50.26% of Portland homes are owned, compared to 43.77% rented, while 5.96% 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 97219 has a population of 630,331. Portland 97219 is less family-centric than the surrounding county with 29% of the households containing married families with children. The county average for households married with children is 32.31%.
The median household income in Portland, Oregon 97219 is $61,532. The median household income for the surrounding county is $60,369 compared to the national median of $57,652. The median age of people living in Portland 97219 is 36.8 years.
Portland Weather
The average high temperature in July is 80 degrees, with an average low temperature in January of 36.6 degrees. The average rainfall is approximately 42.8 inches per year, with 2.9 inches of snow per year.