831-839 N Killingsworth St - Retail FOR SALE


Portland, OR 97217- Humboldt
$649,000 USD
503-222-5100
831-839 N Killingsworth St, Portland, OR for Sale
$649,000 USD
Retail - FOR SALE
1/12
null | 7.55% Cap Rate

831-839 N Killingsworth St
Portland, OR 97217
Humboldt


OVERVIEW

PRIME CORNER RETAIL WITH REDEVELOPMENT UPSIDE Strategically located at the highly visible corner of N Killingsworth Street and N Mississippi Avenue, this ±3,250 SF retail property offers a rare opportunity for investors, developers, or owner-users in the heart of North Portland’s dynamic Overlook neighborhood. The site is currently improved with two fully leased commercial units. FLEXIBLE INVESTMENT OR OWNER-USER OPPORTUNITY The existing leases include provisions allowing for early termination by the landlord, providing future ownership with exceptional flexibility—retain the income-producing tenants, occupy all or part of the space, or pursue a redevelopment strategy under favorable zoning conditions.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

7.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

N Mississippi Ave

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CI2

APN/PARCEL ID

R301340

ASK ABOUT THIS PROPERTY

Adam BeanDoug Bean & Associates, Inc.More Info
503-222-5100

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

Adam BeanDoug Bean & Associates, Inc.More Info
503-222-5100

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