3331 NE Sandy Blvd - Storefront Retail/Office FOR SALE


Portland, OR 97232- Laurelhurst
$2,489,000 USD
503-740-4888
3331 NE Sandy Blvd, Portland, OR for Sale
$2,489,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | 7% Cap Rate

3331 NE Sandy Blvd
Portland, OR 97232
Laurelhurst


HIGHLIGHTS

  • Full renovation done in 2015
  • New roof
  • New HVAC
  • New Plumbing and electricity
  • Lift Master Callbox
  • Security System (Alarm.com)

OVERVIEW

For Sale: Fully Leased Mixed Use Retail/Neighborhood Office Complex located in the Laurelhurst Neighborhood. Fully Remodeled from studs up in 2015 including new plumbing, electrical, roof, systems, and more. The first floor features four retail units—two facing Sandy and two facing Wasco. Each unit is equipped with its own ductless HVAC system, bathroom, and is pre-wired for internet. Additionally, each unit is individually submetered for electricity and water. The second floor is served by two gas HVAC units with three zones, providing climate control for ten offices ranging from 300 to 500 SF. The floor includes common bathrooms and a kitchenette. It is equipped with fiber internet and Wi-Fi, with individual logins for each office. Each unit is submetered for electricity, and two offices have access to water and sewer.

FOR SALE DETAILS

PRICE

$2,489,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,900 SF

ZONING

CM3

APN/PARCEL ID

R203041

ASK ABOUT THIS PROPERTY

Tod BreslauPremiere Property GroupMore Info
503-740-4888

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Tod BreslauPremiere Property GroupMore Info
503-740-4888

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