728 NE Dekum St - Restaurant FOR SALE


Portland, OR 97211- Woodlawn
$875,000 USD
503-227-2500
728 NE Dekum St, Portland, OR for Sale
$875,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

728 NE Dekum St
Portland, OR 97211
Woodlawn


HIGHLIGHTS

  • Prime corner location
  • Flexible CM2 Zoning
  • Strong Neighborhood Demand
  • Great accessibility to I-5, public transit, and key Portland corridors

OVERVIEW

Located at the prominent corner of NE Dekum St and NE 8th Ave in Portland, 728 NE Dekum St is a versatile office building offering a range of opportunities under its Commercial Mixed Use 2 (CM2) zoning. The zoning allows for development up to four stories, providing potential for expansion or redevelopment. Currently, the space is used as a multi-tenant office building with tenants on month to month leases. Continue use as a functional office space, convert to retail, or entertain development opportunity on a corner lot. This CM2 medium-scale zoning designation permits a variety of uses, including retail, office space, residential units, and certain light manufacturing activities, making it ideal for businesses seeking a dynamic and adaptable space. The building's strategic corner location ensures high visibility and accessibility, benefiting enterprises aiming to establish a strong presence in the vibrant Woodlawn neighborhood.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$411 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C4L

APN/PARCEL ID

R311506

ASK ABOUT THIS PROPERTY

Stu Peterson, SIORMacadam Forbes, Inc.More Info
503-227-2500

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Stu Peterson, SIORMacadam Forbes, Inc.More Info
503-227-2500

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