712 SE 7th Ave - Warehouse FOR SALE


Portland, OR 97214- Buckman
$2,975,000 USD
503-542-5891
712 SE 7th Ave, Portland, OR for Sale
$2,975,000 USD
Warehouse - FOR SALE
1/12
null | Request Cap Rate

712 SE 7th Ave
Portland, OR 97214
Buckman


OVERVIEW

712 SE 7th presents a unique opportunity to own a 12,735/SF on an 18,000/SF EX zoned lot located in the heart of the central eastside. The building is approximately 30 percent leased, and the secured fenced parking lot is partially leased. 3,820/SF of the building is lease through September 2027 with $50,000 in annual NOI, in addition to $28,800 in NOI from various parking lot leases. The vacant 8,375/SF studio space has excellent visibility to SE 7th coupled with the flexible EX mixed uses zone make this ideal space for retail/commercial uses such as a sales showroom, brewery, all types of exercises studios as well production uses all of which are allowed in the EX zone. The EX-zone allows a full range of high density, commercial, institutional, and residential uses. The 18,000/SF lot could support a substantial mixed use residential development.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Euromobiles

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

14

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.41

LAND SF

17,860

ZONING

EXd, Portland

APN/PARCEL ID

R150335

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.