1633 NE Cesar E Chavez Blvd - Freestanding FOR SALE


Portland, OR 97232
$1,375,000 USD
503-702-4218
1633 NE Cesar E Chavez Blvd, Portland, OR for Sale
$1,375,000 USD
Freestanding - FOR SALE
1/23
null | Request Cap Rate

1633 NE Cesar E Chavez Blvd
Portland, OR 97232


HIGHLIGHTS

  • Building Fronts THREE Main Streets w/ Combined 48,000+- VPD
  • Standalone Building w/ 13 Off-street Spaces
  • Ingress/Egress NE Sandy Blvd & Broadway St
  • Significant Existing Tenant Plumbing & Electrical
  • Hard to Find or Develop, Company Branding Opportunity
  • New TPO Roof and Parking Lot Sealcoating in 2022

OVERVIEW

Premiere standalone retail building with 10:1K off street parking in Hollywood NE Portland location. Storefront windows wrap around the combined 48,000+- VPD from being on the point with surrounding three streets and two signalized intersections. Ingress/Egress on both NE Sandy Blvd and NE Broadway Street. Former Starbucks since 2001. New TPO Roof/flashing and Parking Lot sealcoat/striping in 2022. Plumbing: Three Floor Sinks and two bathrooms. Plumbing for: three front of house wall sinks, H/C/C supplies. Back of house: Three compartment sink, floor mop sink, hand sink and 2023 water heater. Electrical Panels A & B include service to five 240V 30A & 50A outlets, abundant other 120V outlets and retail lighting. Convenient Access from I-84 via Westbound and Eastbound Exits 2. Hard to find or develop, company branding opportunity.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$1,019 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

C2S, Portland

APN/PARCEL ID

R262782

ASK ABOUT THIS PROPERTY

John KennedyPacific Real Estate Investments, LLCMore Info
503-702-4218

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John KennedyPacific Real Estate Investments, LLCMore Info
503-702-4218

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