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1909-1915 SW 6th Ave 688 SF Vacant Retail Building Portland, OR 97201 $4,116,901 CAD ($5,983.87 CAD/SF) 4.41% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Portland State University
  • Management On-Site Parking
  • Heavy Walking Traffic

EXECUTIVE SUMMARY

Income or redevelopment investment property with over 200 feet of frontage. High traffic count, visibility in the heart of PSU and national brands. 3 NNN leased units. CX - Central Commercial in Opportunity Zone. Family owned AAA commercial investment property since 1953. The property is conveniently located on NE corner of SW Hall St and SW 6th Ave in Portland Oregon. Portland State University has over 28,000 students, 6000 professors, managers, and administrative staff. This investment property benefits from walking traffic to and from the various colleges, University Center and a multi-level student parking garage across street. The 6500 sq. ft. building includes valuable on-site management parking. There is currently a restaurant, boutique coffee shop, and a print shop that serve the University population. Potential lease space may becoming available in one of highest walking traffic pedestrian zones in the state. Excellent 1031 Exchange for income.
Subject to lease rights. Proof of funds, and or property specific commercial loan approval required to show. Showing by appointment only with listing broker. Use OREF Commercial forms to make offer. Title will be First American Title - Christina Brusco. Do not disturb businesses. Call or email listing broker for details.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
688 SF
Building Class
C
Year Built
1953
Price
$4,116,901 CAD
Price Per SF
$5,983.87 CAD
Cap Rate
4.41%
NOI
$181,749 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CX - CX - Central Commercial in Opportunity Zone.
Parking
1 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
200’ on SW Hall St and SW 6th Ave

AMENITIES

  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Rede Print
  • Services
  • -
  • -
  • -
  • Tasty Corner
  • -
  • -
  • -
  • -
  • Wild Rose Coffee
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Rede Print Services - - -
Tasty Corner - - - -
Wild Rose Coffee - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 688 SF
  • Retail
  • -
  • Now

High foot traffic count, visibility in the heart of PSU and national brands.  The space is being updated with new interior and exterior paint, and commercial carpets.  Conveniently located on NE corner of SW Hall St and SW 6th Ave in Portland Oregon. Portland State University has over 28,000 students, 6000 professors, managers, and administrative staff. This retail space benefits from heavy walking traffic to and from the various colleges, University Center and a multi-level student parking garage across street. The 688 sq. ft. space includes one on-site management parking spot. Adjacent is a restaurant, boutique coffee shop, and other businesses that serve the University population.   Bring your national brand or small business dream.  Terms and options are negotiable.  Call or email listing broker for details.

Space Size Space Use Position Available
1st Floor 688 SF Retail - Now

1st Floor

Size
688 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 688 SF
Space Use Retail
Position -
Available Now

High foot traffic count, visibility in the heart of PSU and national brands.  The space is being updated with new interior and exterior paint, and commercial carpets.  Conveniently located on NE corner of SW Hall St and SW 6th Ave in Portland Oregon. Portland State University has over 28,000 students, 6000 professors, managers, and administrative staff. This retail space benefits from heavy walking traffic to and from the various colleges, University Center and a multi-level student parking garage across street. The 688 sq. ft. space includes one on-site management parking spot. Adjacent is a restaurant, boutique coffee shop, and other businesses that serve the University population.   Bring your national brand or small business dream.  Terms and options are negotiable.  Call or email listing broker for details.

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (87)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Chase Bank
U.s. Bank
Bank of Montreal
Bank of America
Heritage Bank
Starbucks
24 Hour Fitness
The Melting Pot
Fogo de Chão
Ruth's Chris Steak House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R246361
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,744,527 CAD
  • Listing ID: 33297641

  • Date on Market: 2024-09-25

  • Last Updated:

  • Address: 1909-1915 SW 6th Ave, Portland, OR 97201

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