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8029-8037 SE Stark St 7,875 SF 100% Leased Retail Building Portland, OR 97215 $2,931,432 CAD ($372.25 CAD/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Heart of Montavilla
- Excellent Cash Flow
- 100% occupied with long-term tenants
EXECUTIVE SUMMARY
The heart of Montavilla! The Montavilla Building is a 5-unit Retail Building. This well-maintained property offers investors a rare opportunity to acquire a proven retail asset in a thriving neighborhood. 100% leased with long-term tenants. The property features ample off-street parking, ensuring convenience and accessibility. This investment offers security as it is well maintained and positioned for long-term growth. This is a rare opportunity to acquire a neighborhood cornerstone with reliable returns and future value.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,875 SF
Building Class
C
Year Built
1924
Price
$2,931,432 CAD
Price Per SF
$372.25 CAD
Cap Rate
6.35%
NOI
$186,015 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.34 AC
Zoning
CS
Parking
16 Spaces (2.13 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R263864 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $541,854 CAD |
PROPERTY TAXES
Parcel Number
R263864
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$541,854 CAD
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8029-8037 SE Stark St
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