324 SE Grand Ave - Freestanding FOR SALE


Portland, OR 97214
$4,000,000 USD
503-705-6380
324 SE Grand Ave, Portland, OR for Sale
$4,000,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

324 SE Grand Ave
Portland, OR 97214


HIGHLIGHTS

  • Huge Exposure on SE Grand; Great accessible core retail location with parking.
  • Best Zoning in the city (EX) that allows many uses.
  • Parking and ability to acquire adjacent properties

OVERVIEW

Former and Iconic Andy & Bax Outdoor and Army Surplus store/property on SE Grand in the close in eastside. 18,000 sf with 9000 sf on street level and then very usable ramp served basement warehouse of 9000 sf. Also includes 8000 sf parking lot adjacent. 17,000 total land area. Great EX (General Employment Zoning). Excellent Exposure to over 25,000 vehicles a day. Grand frontage facade can be opened up with more windows. Additionally two adjacent properties can be acquired to increase overall site to 32,000 sf total. Great accessible location just south of E. Burnside Corridor with easy access to downtown core; Pearl District and freeways. Active and successful surrounding businesses such as Great Adventure; Miller Paint; Sheridan Produce; Grand Stark and KEX Hotels;Surbaru of Portland. Plenty of good complementary retail amenities; food/beverage Best restaurant in the city; Kann and great breakfast spot; J & M Cafe; yoga studio; grocery;hotels; This property provides excellent exposure and visibility for any sort of core retail use.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

se oak street

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

EXD

APN/PARCEL ID

R150201

ASK ABOUT THIS PROPERTY

Todd DeNeffeCascade Commercial Real EstateMore Info
503-705-6380

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Todd DeNeffeCascade Commercial Real EstateMore Info
503-705-6380

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