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5401 NE Cully Blvd
Portland, OR 97218
Retail Property For Sale


Investment Highlights
- High-Visibility Location
- Great Natural Lighting
- Access to Major Highways and Main Roads
Executive Summary
Opportunity to acquire a well-established commercial property located along NE Cully Blvd in Portland. The space has been operated as a hair salon for over 30 years, reflecting long-term viability and consistent demand in a well-traveled neighborhood corridor. The business is not included in the sale; the offering is for the real estate only. The existing layout includes a functional and efficient configuration that can support multiple workstations, reception, and ancillary areas, with flexibility for continued salon use or adaptation for other permitted commercial or service-oriented uses.
The property benefits from strong street visibility and signage potential along NE Cully Blvd, with convenient access to nearby arterial roads and surrounding residential and commercial activity. The location supports both local and destination traffic, contributing to sustained business use. On-site and nearby parking options further enhance accessibility for customers and employees.
This asset is well suited for owner-users or investors seeking a commercial property with a long-standing operational history and future flexibility. The property offers potential for continued use, repositioning, or value enhancement, subject to buyer due diligence, zoning verification, and applicable municipal approvals.
The property benefits from strong street visibility and signage potential along NE Cully Blvd, with convenient access to nearby arterial roads and surrounding residential and commercial activity. The location supports both local and destination traffic, contributing to sustained business use. On-site and nearby parking options further enhance accessibility for customers and employees.
This asset is well suited for owner-users or investors seeking a commercial property with a long-standing operational history and future flexibility. The property offers potential for continued use, repositioning, or value enhancement, subject to buyer due diligence, zoning verification, and applicable municipal approvals.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
864 SF
Building Class
B
Year Built
1973
Price
$486,594 CAD
Price Per SF
$563.19 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.08 AC
Zoning
CM2 - Commercial/Mixed Use 2 (CM2)
Parking
5 Spaces (5.79 Spaces per 1,000 SF Leased)
Frontage
75’ on Cully Blvd
Property Taxes
| Parcel Number | R318217 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $169,079 CAD |
Property Taxes
Parcel Number
R318217
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$169,079 CAD
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