10175 SE Stark St - Commercial LAND FOR SALE


Portland, OR 97216 11,975 SF
$1,250,000 USD
503-439-8924
10175 SE Stark St, Portland, OR for Sale
$1,250,000 USD
Commercial LAND - FOR SALE
1/5
11,975 SF

10175 SE Stark St
Portland, OR 97216


HIGHLIGHTS

  • Eleven Food Carts generating $1,050 rent per month for each Food Cart
  • Similar to mobile home park or apartments, but without maintenance
  • Strong 7.5% CAP Rate
  • Stable Tenants / Long Term
  • Busy Signalized SE Stark St Intersection Corner Property
  • Income Property with Future Development Opportunity

OVERVIEW

Long time established, Food Cart property with stable tenants producing an approximate 7.5% CAP Rate. Minimal maintenance compared to other real estate investment types. Eleven Food Carts generating $1,050 rent per month for each Food Cart. Busy signalized intersection at SE Stark Street & SE 102nd Avenue with Starbucks, Chevron and Bank of America on other corners. Buy now for income and develop later, as near and long-term investment opportunity.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/ACRE

$4,546,973/AC

PRICE/SF

$104 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Apartment Units, Auto Repair, Car Wash, Convenience Store, Fast Food, Hold for Development, Restaurant, Service Station, Storefront Retail/Office, Storefront Retail/Residential

LAND ACRES

0.27 AC

LAND SF

11,975 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CX Central Commerical

APN/PARCEL ID

R319672

ASK ABOUT THIS PROPERTY

John KennedyPacific Real Estate Investments, LLCMore Info
503-439-8924

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John KennedyPacific Real Estate Investments, LLCMore Info
503-439-8924

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