1909-1915 SW 6th Ave - Storefront FOR SALE


Portland, OR 97201- Park Blocks
$2,990,000 USD
602-697-7769
1909-1915 SW 6th Ave, Portland, OR for Sale
$2,990,000 USD
Storefront - FOR SALE
1/5
null | 4.41% Cap Rate

1909-1915 SW 6th Ave
Portland, OR 97201
Park Blocks


HIGHLIGHTS

  • Portland State University
  • Heavy Walking Traffic
  • Management On-Site Parking

OVERVIEW

Income or redevelopment investment property with over 200 feet of frontage. High traffic count, visibility in the heart of PSU and national brands. 3 NNN leased units. CX - Central Commercial in Opportunity Zone. Family owned AAA commercial investment property since 1953. The property is conveniently located on NE corner of SW Hall St and SW 6th Ave in Portland Oregon. Portland State University has over 28,000 students, 6000 professors, managers, and administrative staff. This investment property benefits from walking traffic to and from the various colleges, University Center and a multi-level student parking garage across street. The 6500 sq. ft. building includes valuable on-site management parking. There is currently a restaurant, boutique coffee shop, and a print shop that serve the University population. Potential lease space may becoming available in one of highest walking traffic pedestrian zones in the state. Excellent 1031 Exchange for income. Subject to lease rights. Proof of funds, and or property specific commercial loan approval required to show. Showing by appointment only with listing broker. Use OREF Commercial forms to make offer. Title will be First American Title - Christina Brusco. Do not disturb businesses. Call or email listing broker for details.

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/SF

$4,346 USD /SF

CAP RATE

4.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Fast Food, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CX

APN/PARCEL ID

R246361

ASK ABOUT THIS PROPERTY

Brent Barker PCColdwell Banker CommercialMore Info
602-697-7769

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Brent Barker PCColdwell Banker CommercialMore Info
602-697-7769

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