1001 SE Division St - Retail FOR SALE


Portland, OR 97202- Hosford-Abernethy
$3,000,000 USD
503-546-4534
1001 SE Division St, Portland, OR for Sale
$3,000,000 USD
Retail - FOR SALE
1/30
null | 6.64% Cap Rate

1001 SE Division St
Portland, OR 97202
Hosford-Abernethy


HIGHLIGHTS

  • Prime SE Location Minutes to Downtown Portland and Freeway Access
  • Vibrant Local Neighborhood In a Creative Office, Retail and Dining District, Being Near a Strong Demographic Residential Area
  • Bike and Pedestrian Friendly, Near Mass Transit
  • High Visibility on Major Arterial with Significant Foot and Auto Traffic
  • Tall Ceiling Throughout Ground Floors, Finished Concrete Flooring Throughout, Exposed Wood Truss Ceilings, Lots of Natural Light.
  • Mixed Use Investment / Owner User Opportunity

OVERVIEW

100% Leased. Owner will look at all reasonable offers. Call for additional information Property is mixed use industrial, retail and office in popular close in location containing the following: -4350sf 5yr or original term w/5 yr option to renew. Leased to Akadi PDX, 2017 built out 2nd generation restaurant, bar and dining area, kitchen with hood & kitchen equipment in place, ADA bathrooms, office and storage, 2 roll up doors to the sidewalk fronting Division St. -3430 sf of Leased to Asian Imports Automotive Services w/roll up door to SE 10th, sealed concrete floors, bow strung roof, significant electrical and plumbing in place, roll up door to street, sprinklered, bathroom and shower. -1131 sf of newly remodeled in 2021, leased offices on the 2nd floor, private bathroom and kitchen/break area, access to private deck above.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$329 USD /SF

CAP RATE

6.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Alexander

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

IG1

APN/PARCEL ID

R276051

ASK ABOUT THIS PROPERTY

Bryn HokkanenMelvin Mark CompaniesMore Info
503-546-4534

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Bryn HokkanenMelvin Mark CompaniesMore Info
503-546-4534

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