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Off Market
1/60

1452 NE 28th Ave
Portland, OR 97232


HIGHLIGHTS

  • Completely renovated building featuring high-end retail space in the transit-friendly Sullivan's Gulch neighborhood.
  • There is parking available on the street and in neighboring grocery store's lot, and a Trimet bus stop is located less than 500' from the building.
  • The building offers businesses roll-up doors for when the weather's nice, modern designs throughout, and reclaimed wood finishes.
  • The historic Hollywood District is sure to bring consumers by, and a new 52-unit apartment complex is being built across the street.
  • Tenants will appreciate the heavy foot traffic, Cat 6 cabling, and 20+ electrical floor plugs that allow for customization.
  • The residential 2nd floor is currently being used as an Airbnb which provides additional monthly revenue to the owner.

OVERVIEW

1452 NE 28th Avenue offers a completely renovated building from 2019 with top of the line amenities. This two-story building features a gorgeous retail and office space on the first floor and a residential area on the second floor. The renovations included new sheetrock, siding, drywall, plumbing, electrical, HVAC, a crawl space, and a furnace with separately metered systems. The interior features top of the line kitchen appliances with a pre-installed grease trap, Cat 6 cabling, 20+ electrical floor plugs, roll-up/garage doors, and an ADA compliant restroom. This extremely bikeable and walkable area includes a Trimet bus station less than 500 feet away, a MAX light rail station less than two miles away, and a bike score of 93. The building offers a designated parking spot and loading dock for business use, and there are abundant street parking spots and two-hour lot parking in the adjacent lot.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Loft/Creative Space

TOTAL BUILDING SIZE

2903

STORIES

2

YEAR BUILT

1909

SPRINKLERS

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PARKING SPACES

1

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

R313811