4509-4511 SE Cesar E Chavez Blvd - Office FOR SALE


Portland, OR 97202
$2,000,000 USD
503-804-4653
4509-4511 SE Cesar E Chavez Blvd, Portland, OR for Sale
$2,000,000 USD
Office - FOR SALE
1/7
null | 6% Cap Rate

4509-4511 SE Cesar E Chavez Blvd
Portland, OR 97202


HIGHLIGHTS

  • 50% Occupied
  • Proforma NOI - $144,000
  • Proforma Cap - $7.2%

OVERVIEW

Oregon Bud Company is the current tenant occupying approx. 1/2 of the building. The other 1/2 is currently vacant and office tenant ready. The Oregon Bud Company is the Seller and is willing to stay in place with guaranteed rents for the investment buyer or vacate with adequate notice for an owner user buyer. The flexible CM1 Zone allows for multiple uses to occupy either the entire building or the remaining 50% with uses such as Medical, Daycare, Religious and Schools.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$529 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R1

APN/PARCEL ID

R172262

ASK ABOUT THIS PROPERTY

Rich KarlsonTradition Real Estate PartnersMore Info
503-804-4653

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Rich KarlsonTradition Real Estate PartnersMore Info
503-804-4653

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