3501-3511 SE Milwaukie Ave - Office FOR SALE


Portland, OR 97202- Brooklyn | 
$700,000 USD
503-256-1112
3501-3511 SE Milwaukie Ave, Portland, OR for Sale
$700,000 USD
Office - FOR SALE
1/31
null | Request Cap Rate

3501-3511 SE Milwaukie Ave
Portland, OR 97202
Brooklyn


OVERVIEW

Exceptional opportunity to own a versatile commercial property featuring two separate units, currently leased for $4,500/month NNN, providing immediate income potential. Zoned Commercial, this property offers flexibility for a wide variety of uses, including medical or dental offices, professional office space, retail sales and service, daycare, light manufacturing, and production uses (buyer to verify permitted uses with the city). Ideally located just minutes from the highly sought-after Sellwood neighborhood and only 5 minutes to downtown Portland, this property offers excellent accessibility, convenient access to major roadways, and close proximity to established businesses, shopping, dining, and residential neighborhoods. An outstanding opportunity for investors seeking stable income or owner-users planning for future occupancy in a prime Portland location.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,110 SF

ZONING

CS

APN/PARCEL ID

R228572

ASK ABOUT THIS PROPERTY

John MahaffyGeorgetown Realty,Inc.More Info
503-256-1112

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John MahaffyGeorgetown Realty,Inc.More Info
503-256-1112

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