1010-1058 SE 96th Ave - Freestanding FOR SALE


Portland, OR 97216- Gateway
$6,635,000 USD
503-218-4380
1010-1058 SE 96th Ave, Portland, OR for Sale
$6,635,000 USD
Freestanding - FOR SALE
1/8
null | 6.25% Cap Rate

1010-1058 SE 96th Ave
Portland, OR 97216
Gateway


HIGHLIGHTS

  • Prime location: Situated at 1026 SE 96th Ave, Portland, OR, in a high-traffic area.
  • Surrounded by major retailers: Close to popular stores like Target, 24 Hour Fitness and Home Depot, ensuring strong foot traffic.
  • Prime 205 is situated within an opportunity zone, allowing for a variety of tax savings strategies for qualified individuals.

OVERVIEW

Strong Investment Potential: The combination of high visibility, reliable tenants and an additional parcel with development opportunity located in an opportunity zone creates strong fundamentals for growth. High Visibility: Over 200,000 vehicles pass daily with access from major thoroughfares like I-205 and SE Washington St. Opportunity Zone: Prime Opportunity Zone Investment – 1026 SE 96th Ave, Portland, OR Lot Size: 8,000 SF/ 0.63 AC | Zoning: CX, Central Commercial Located in the heart of Portland’s Montavilla neighborhood, 1026 SE 96th Ave is an 8,000square-foot development lot positioned within a federally designated Opportunity Zone —making it an exceptional prospect for investors seeking long-term tax advantages and growth potential.

FOR SALE DETAILS

PRICE

$6,635,000 USD

PRICE/SF

$390 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime 205

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

94

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

CX

APN/PARCEL ID

R605444

ASK ABOUT THIS PROPERTY

Justin PoorCommercial Integrity NWMore Info
503-218-4380

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Justin PoorCommercial Integrity NWMore Info
503-218-4380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.