716-718 NW 21st Ave - Storefront FOR SALE


Portland, OR 97209- Uptown Portland
$1,250,000 USD
503-828-7522
716-718 NW 21st Ave, Portland, OR for Sale
$1,250,000 USD
Storefront - FOR SALE
1/11
null | 6.66% Cap Rate

716-718 NW 21st Ave
Portland, OR 97209
Uptown Portland


OVERVIEW

Fully leased mixed-use investment property located in a highly desirable corridor on NW 21st Ave Ground floor features a retail restaurant with a long-term lease in place, providing stable and consistent income Upper level consists of a well-maintained duplex with strong rental history 100% occupied with reliable tenants across both residential and commercial units Low maintenance asset with minimal operating expenses Situated in a prime, high-foot-traffic area with strong surrounding retail and residential demand Turnkey investment opportunity with immediate cash flow Ideal for investors seeking a stable, income-producing property in one of Portland’s most sought-after neighborhoods

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

6.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C2

APN/PARCEL ID

R141233

ASK ABOUT THIS PROPERTY

Vinny SmallVCS Commercial Real EstateMore Info
503-828-7522

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Vinny SmallVCS Commercial Real EstateMore Info
503-828-7522

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