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821-829 NW 16th Ave
Portland, OR 97209
 Retail Property For Sale

Retail Spaces Oregon Portland 821-829 NW 16th Ave, Portland, OR 97209

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INVESTMENT HIGHLIGHTS

  • Located near the Pearl District, Downtown, Freeway Access, Restaurants and Shopping
  • CM3 Zoning
  • Owner and Tenant Flexibility

EXECUTIVE SUMMARY

Amazing opportunity on this mixed-use classic in niche NW Portland Neighborhood zoned CM3! The property would be great used as a Live/Workspace, duplex for residential or investment for both residential AND commercial. The main level is used as office space with great flow and both community space and private office. The upstairs apartment is light-filled and open with 4 bedrooms, 2 bathrooms and an open floor plan. To top it all off, there is hard-to-find INTERIOR parking for up to 6 cars for the resident...or rent it out as a separate space! Tons of potential and close to everything! Great access to shopping, NW 23rd, restaurants, freeway access, parks, downtown and endless entertainment. Don't miss your chance to invest in NW!

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,424 SF
Building Class
C
Year Built/Renovated
1904/2017
Price
$1,513,664 CAD
Price Per SF
$203.89 CAD
Cap Rate
7.63%
NOI
$115,432 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.18
Lot Size
0.08 AC
Zoning
CM3 - Commercial Mixed Use
Parking
6 Spaces (0.81 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Metro/Subway
  • Signage

PROPERTY TAXES

Parcel Number R140805 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $446,864 CAD

PROPERTY TAXES

Parcel Number
R140805
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$446,864 CAD
 

  • Listing ID: 35253343

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 821-829 NW 16th Ave, Portland, OR 97209

The Uptown Portland Retail Property at 821-829 NW 16th Ave, Portland, OR 97209 is currently available. Contact Silvercreek Realty Group for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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