1407 SE Cora St - Restaurant FOR SALE


Portland, OR 97202- Brooklyn
$6,934,820 USD
503-740-4888
1407 SE Cora St, Portland, OR for Sale
$6,934,820 USD
Restaurant - FOR SALE
1/25
null | 5.35% Cap Rate

1407 SE Cora St
Portland, OR 97202
Brooklyn


HIGHLIGHTS

  • Great SE Portland Neighborhood
  • 20 Modern Apartments plus 3 storefront nnn retails spaces facing SE Milwaukie Blvd
  • Open Central Corridor, Underground Parking, upside options for market rent increases and more utility recapture

OVERVIEW

Offers subject to interior inpection. Fully leased normally, 3 storefronts, 20 apartment units, garden style, built in 2020.Superb condition throughout. Underground Garage. Touring available for common areas. Call Agent. 1407 SE Cora is a newly built (2021), 0.24-acre mixed-useinvestment pairing 20 residential apartments with three ground-floor commercial suites across approximately 26,702 SF of grossbuilding area.Residential units feature contemporary finishes — luxury vinylplank flooring, quartz countertops, wood cabinetry, tilebacksplashes, and stainless appliances — with in-unit HVAC andwasher/dryer. The building is fully sprinklered.The retail suites offer modern build-outs with polished concretefloors, exposed wood-beam ceilings, natural light, and glassstorefronts — flexible for retail, service, or office tenants in awalkable, transit-connected submarket.

FOR SALE DETAILS

PRICE

$6,934,820 USD

PRICE/SF

$2,860 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

CM 1

APN/PARCEL ID

R117963

ASK ABOUT THIS PROPERTY

Tod BreslauPremiere Property GroupMore Info
503-740-4888

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Tod BreslauPremiere Property GroupMore Info
503-740-4888

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