232 NE 9th Ave - Light Distribution FOR SALE


Portland, OR 97232- Kerns | 
$1,690,000 USD
503-542-5891
232 NE 9th Ave, Portland, OR for Sale
$1,690,000 USD
Light Distribution - FOR SALE
1/8
null | Request Cap Rate

232 NE 9th Ave
Portland, OR 97232
Kerns


HIGHLIGHTS

  • Close to new I-84 pedestrian overpass
  • Near bus, streetcar, MAX, Conv Center, Moda Center
  • Access Scores: Walk: 96 | Bike: 96 | Transit: 78
  • Convenient corner lot location in inner NE

OVERVIEW

Central Eastside Owner-User Opportunity with In-Place Rental Revenue Conveniently located corner lot in Portland's Central Eastside this well-maintained property provides an owner-user with an opportunity to immediately occupy 6,200 SF of second floor office and either benefit from continued rental income or expand into the balance of the building as in-place leases expire. The property is directly across the street from the Oregon Department of Human Services' brand-new Northeast Portland office and adjacent to the Franz Bakery campus. Second Floor Owner-User Space includes five private offices with built-ins, a conference room, executive offices, storage space, kitchenette, and restroom. The warehouse space features a dock door and automated conveyor system for easy transport to the second floor storage areas.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

1

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19

LAND SF

8,276

ZONING

IG1, Portland

APN/PARCEL ID

R150399

ASK ABOUT THIS PROPERTY

Scott MacLeanColliersMore Info
503-542-5891

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Scott MacLeanColliersMore Info
503-542-5891

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