Log In/Sign Up
Your email has been sent.
716-718 NW 21st Ave 2,634 SF 100% Leased Retail Building Portland, OR 97209 $1,716,363 CAD ($651.62 CAD/SF) 6.66% Cap Rate
Executive Summary
Fully leased mixed-use investment property located in a highly desirable corridor on NW 21st Ave
Ground floor features a retail restaurant with a long-term lease in place, providing stable and consistent income
Upper level consists of a well-maintained duplex with strong rental history
100% occupied with reliable tenants across both residential and commercial units
Low maintenance asset with minimal operating expenses
Situated in a prime, high-foot-traffic area with strong surrounding retail and residential demand
Turnkey investment opportunity with immediate cash flow
Ideal for investors seeking a stable, income-producing property in one of Portland’s most sought-after neighborhoods
Ground floor features a retail restaurant with a long-term lease in place, providing stable and consistent income
Upper level consists of a well-maintained duplex with strong rental history
100% occupied with reliable tenants across both residential and commercial units
Low maintenance asset with minimal operating expenses
Situated in a prime, high-foot-traffic area with strong surrounding retail and residential demand
Turnkey investment opportunity with immediate cash flow
Ideal for investors seeking a stable, income-producing property in one of Portland’s most sought-after neighborhoods
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,634 SF
Building Class
C
Year Built
1951
Price
$1,716,363 CAD
Price Per SF
$651.62 CAD
Cap Rate
6.66%
NOI
$114,331 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.76
Lot Size
0.08 AC
Zoning
C2
Frontage
33’ on NW 21st Ave
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Abbie Bar
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Abbie Bar | Accommodation and Food Services | - | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (97)
Nearby Major Retailers
Property Taxes
| Parcel Number | R141233 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $517,016 CAD |
Property Taxes
Parcel Number
R141233
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$517,016 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
716-718 NW 21st Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.