Portland OR Commercial for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 5,125
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- 24453829
View additional info
Courtesy: JMA Properties LLC
503-575-1818
ADDITIONAL INFORMATION
Income Producer! Located within the pulse of Portland's sought-after Broadway/Irvington district, this 3-unit Income property presents an excellent opportunity for current above-market returns with room for future growth. Highlighting the property is a turn-key remodeled commercial space with prime Broadway street frontage. Currently the home of the Paz Hair Lounge, a stable tenant with a mutual lessor-lessee extension exercisable in March, 2025. Beyond the commercial space awaits an income-generating Duplex, where historic charm intertwines seamlessly with contemporary comforts. Classic Arts & Crafts era features of an Old Portland converted home include high ceilings, built-in woodwork, hardwood floors, large windows, and craftsman touches throughout. The exterior was recently painted and includes ample on-site parking for residents. CM2 Commercial zoning offers boundless possibilities for future business or residential unit growth. Tremendous potential for high ROI, with current cap rate at 6.7% and low 11.5 GRM - this income producer if fully occupied & has great potential to grow! Please do not disturb the tenants. Property is not in the Irvington Historic District. A principal of the owner has an inactive Oregon real estate license. Buyer to perform own due diligence and to verify all information to their satisfaction.
- Type:
- General Commercial
- Sq.Ft.:
- 6,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- 24029427
View additional info
Courtesy: RealEstatePDX.com
503-288-3979
ADDITIONAL INFORMATION
With an exceptional location, the property is a multi-tenant retail warehouse building containing 19,500 SF of Retail and Basement space on a 20,000 SF site. 20 on-site parking spaces make this a very accessible location. Building is in excellent condition with heavy timber beams, and concrete block construction. Updated HVAC and new gas furnace.Zoned CM3 this site has excellent future development potential as well as providing an owner/user opportunity, or NNN leasing opportunity. Renovations were completed in 2019. The property features 9,000 SF of first-floor retail space, 6,000 SF of upper floor (3000 sqft. zoned retail and a large, unconditioned storage area with industrial window and a maple floor, and 4,500 SF of basement warehouse/limited office space.The current main floor tenant has purchased another property and intends to move out September of 2025. (Currently paying $6000/mo.) The daylight basement is available for lease as of October, 2024, and the upstairs space is currently available for lease. There is a billboard on the east side of the building which is leased @ just over $1000/mo.$142.50/sqft. for the CM3 Land itself.NE Sandy has gone through transformation which has seen the redevelopment of a number of projects. Redevelopment includes the overhaul of existing properties to transform retail uses with street frontage, in addition to complete ground-up development of mixed-use projects along the arterial, as discussed later in this section. The buildings are located within a commercial corridor with primarily commercial uses along NE Sandy in this area. There are flex and industrial users with minor frontage pocketed to the west. Excellent potential for Mixed-Use Residential/Commercial development.
- Type:
- General Commercial
- Sq.Ft.:
- 3,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 24487047
View additional info
Courtesy: ERA Freeman & Associates
503-665-3144
ADDITIONAL INFORMATION
Great opportunity to own this commercial property in the heart of NE PDX. Current non-profit tenant with assumable/annual lease. Property has been a warehouse/storage facility, business op, and more....Built to suit or?? Many options - buyer to perform own due diligence for intended use after purchase. APPOINTMENT ONLY - DO NOT DISTURB TENANT.
- Type:
- Business Opportunities
- Sq.Ft.:
- 2,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 24289470
View additional info
Courtesy: MORE Realty
503-353-6673
ADDITIONAL INFORMATION
Turnkey Opportunity -- Newly established Asian restaurant on busy NE Weidler St in the Lloyd District. About 60 seats, commercial kitchen with hood & grease trap. Dishwasher & POS on lease and all other equipments are included in sale. Long term lease with a 5-year option. Lots of potential to expand, bring your ideas and make it work for you. Appt is needed to show. Please DO NOT disturb business.
$1,249,000
1448 NE 28TH Ave Portland, OR 97232
- Type:
- Other
- Sq.Ft.:
- 2,903
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1909
- Baths:
- MLS#:
- 24064114
View additional info
Courtesy: Modern Realty
971-340-6636
ADDITIONAL INFORMATION
**Rare Mixed-Use Commercial Building located in the heart of Sullivans Gulch** Completely Restored from the studs! CM1 Zoning. Commercial portion downstairs (Zoned "M" for Mercantile/Retail). Currently Leased on Gross modified Lease. Residential portion (Zoned R3) located upstairs also completely renovated. New Grease trap installed in downstairs, New Garage doors, New closed cell insulation throughout commercial walls, TESLA charging ports in Driveway. Would make great coffee shop, bar, or restaurant or even office space! Plumbed for cat6, New Electrical thought, New Plumbing, New Siding, New HVAC, & Central Air, New reclaimed hardwood, New windows, New Doors, And anything else you can think of. (2) 220 amp plugs in drive way. Hot/Cold outside water. Upstairs completely remodeled. Can be used for Airbnb. Or building can be used a Work Live Space. Updaters has large 220 square ft Balcony. New Exterior lighting and Brick. Photos of the entire process taken of Renovation. No corners cut. Bike Score: 97Walk Sore: 95Transportation Score:60Distance to airport: 6.6 milesDistance to Rose Quarter: 2 milesDistance to Downtown PDX: 4.8 miles
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 97232 has a population of 647,176. Portland 97232 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 97232 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 97232 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.