1016 SE 12th Ave - Office FOR SALE


Portland, OR 97214- Buckman
$1,895,000 USD
503-726-8038
1016 SE 12th Ave, Portland, OR for Sale
$1,895,000 USD
Office - FOR SALE
1/19
null | 7.57% Cap Rate

1016 SE 12th Ave
Portland, OR 97214
Buckman


HIGHLIGHTS

  • ADA Accessible
  • Lush Landscaping
  • Health and Wellness Center

OVERVIEW

Price Reduced: $1,895,000 Prime Investment Opportunity. Turn-Key operation with minimum management input. 7.57% Cap Rate. This 4,903 SF Commercial Mixed Use currently used as multi-practice wellness facility with established, long-term community of practitioners and clients. Awakenings LLC offers a rare, turnkey opportunity to own a fully operational, income-producing holistic healing center with a deeply rooted presence in the local wellness community since 2004. 13 Private Treatment Offices – Leased to a dedicated team of long-term, licensed practitioners across a wide range of wellness modalities. 38-Space Parking lot located directly across from property. A rare amenity in SE Portland, providing ease of access for clients and practitioners.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

7.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

CG

APN/PARCEL ID

R176938

ASK ABOUT THIS PROPERTY

Ashley ButlerKW CommercialMore Info
503-726-8038

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Ashley ButlerKW CommercialMore Info
503-726-8038

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