2816 NE Halsey St - Retail FOR SALE


Portland, OR 97232- Sullivan's Gulch
$1,240,000 USD
503-381-3134
2816 NE Halsey St, Portland, OR for Sale
$1,240,000 USD
Retail - FOR SALE
1/21
null | 7% Cap Rate

2816 NE Halsey St
Portland, OR 97232
Sullivan's Gulch


HIGHLIGHTS

  • Renovated in 2014 with 2 Commercial/Production Kitchen Storefronts
  • 3-Year NNN Retail Leases + Apartment Income
  • Fenced Yard + Covered Parking
  • Locally Owned, Managed, and Maintained

OVERVIEW

North Rim is proud to present this turnkey mixed-use property — a rare and compelling investment opportunity offering strong, diversified income from both commercial and residential tenants. Fully renovated in 2014 and meticulously maintained by a reputable local owner, the building is in excellent condition, including the two professionally equipped commercial kitchens. The ground floor features production kitchen spaces leased to established businesses on market-rate, 3-year NNN (triple net) leases—delivering reliable, long-term cash flow. Above, a leased residential apartment adds income stability and balance, making this property attractive to both commercial and residential investors. Additional highlights include ADA-compliant restrooms, covered parking, and a private backyard. Ideally located in the sought-after NE Broadway / Irvington neighborhood—just steps from Fred Meyer—this high-visibility property sits in a vibrant, high-demand corridor of NE Portland with excellent foot traffic and surrounding amenities.

FOR SALE DETAILS

PRICE

$1,240,000 USD

PRICE/SF

$411 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

IRVINGTON MULTI-USE INCOME INVESTMENT

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

CROSS STREETS

ne 28th ave

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

CM2d(MU-U)

APN/PARCEL ID

R313810

ASK ABOUT THIS PROPERTY

Matthew SchweitzerNorth RimMore Info
503-381-3134

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Matthew SchweitzerNorth RimMore Info
503-381-3134

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