706-710 SE 6th Ave - Storefront Retail/Office FOR SALE


Portland, OR 97214- Central Eastside
$4,100,000 USD
503-205-0610
706-710 SE 6th Ave, Portland, OR for Sale
$4,100,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 7.19% Cap Rate

706-710 SE 6th Ave
Portland, OR 97214
Central Eastside


HIGHLIGHTS

  • 10 years of WALT and 3% annual rent increases
  • Comprehensive renovation in 2015, including MEP, roof, elevator, and HVAC
  • teel-reinforced concrete construction designed to support additional stories
  • Demonstrated operator performance and long tenure
  • Multiple demand channels and daypart activation

OVERVIEW

Ethos Commercial Advisors LLC, as executive advisor, is pleased to present qualified investors the opportunity to acquire the fee interest in 706–710 SE 6th Avenue, Portland, Oregon (the “Property”), a restored 1908 asset at SE 6th Avenue and Alder Street. Home to The Evergreen event venue and Loyal Legion (including Voysey, a speakeasy-style bar), the Property offers a compelling combination of historic character, quality restoration, and durable hospitality demand. The Property is anchored by long-tenured operators, each with new 10-year renewals, supporting stable cash flow and minimal rollover risk. Loyal Legion, a well-known craft beer destination with 99+ taps, drives consistent daily traffic, complementing The Evergreen’s event activity. Together, the uses create a cohesive hospitality ecosystem within the Central Eastside’s established dining and nightlife corridor.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

7.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Loyal Legion

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

se alder street

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

EX

APN/PARCEL ID

R150227

ASK ABOUT THIS PROPERTY

Brian HansonEthos Commercial Advisors LLCMore Info
503-205-0610

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Brian HansonEthos Commercial Advisors LLCMore Info
503-205-0610

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