5220 SE Foster Rd - Auto Dealership FOR SALE


Portland, OR 97206
$799,000 USD
843-453-2918
5220 SE Foster Rd, Portland, OR for Sale
$799,000 USD
Auto Dealership - FOR SALE
1/21
null | Request Cap Rate

5220 SE Foster Rd
Portland, OR 97206


HIGHLIGHTS

  • High visibility
  • Prime corner location
  • Public transport access(Bus Stop), heavy foot traffic day and night.
  • Ample Parking
  • Popular for Eatries
  • Developmental potential due to zoning.

OVERVIEW

1,231 SF building on a 0.24-acre corner lot, formerly an auto dealership. This is a high traffic and very high visibility area with day and night foot as well as vehicle traffic. The area is a busy commercial district which is densely populated with a variety of businesses all around it along with residential area too. There is great public transport available in the area with a bus stop right next to the property entrance on the North end. The area is popular for food carts and eateries due to the busy traffic around it. It would offer an idyllic location for any business catering to heavy foot and vehicular traffic which passes it on two sides of this triangular property. There is ample parking on the premises apart from street parking all around it. As per Portlandmaps.com; it is zoned CM2 which is a medium-scale, commercial mixed-use zone intended for sites in a variety of centers and corridors, in other mixed-use areas that are well served by frequent transit, or within larger areas zoned for multi-dwelling development, Specific allowable uses include: retail sales and services, office space, household living, vehicle repair, institutional uses and limited manufacturing uses. Buildings in this zone are generally expected to be up to four stories, except in locations where bonuses allow up to five stories. Max height can be between 45’-55’ which is up to 5 stories. For specific zoning code details, visit the zoning code website . The regulations for this zone are found in Chapter 33.130 .

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$649 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Foster

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Convenience Store, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CM-2 Portland

APN/PARCEL ID

R105882

ASK ABOUT THIS PROPERTY

Jaswinder SidhuKW CommercialMore Info
843-453-2918

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Jaswinder SidhuKW CommercialMore Info
843-453-2918

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