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Investment Highlights

  • Permitted Rohner Finishing Systems Paint Booth
  • Flexible CM2 zoning - supports continued auto use or alternative commercial/mixed-use redevelopment
  • High-traffic SE Foster Rd Corridor location

Executive Summary

Turn-key auto body and paint facility offered as an asset sale, including real property, business assets, permitted equipment, and trade name (Lami Body Repair). 2,768 SF building on a fully fenced 8,451 SF lot (0.19 AC) along the high-traffic SE Foster Rd corridor. CM2 zoning allows continued auto/repair use or a range of alternative commercial uses. Facility includes a permitted Rohner Finishing Systems paint booth, frame straightening machine, small office build-out, and three-sided covered work structure. Sale structured as two concurrent agreements: a Commercial PSA for the real estate and an Asset Purchase Agreement for business assets, equipment, trade name, goodwill, and Google Business Profile. Seller's LLC entity not included; price allocation between real property and business assets to be negotiated. Buyer to verify all information.
DO NOT DISTURB ONSITE BUSINESS

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $379,828 $137.22
Other Income - -
Vacancy Loss - -
Effective Gross Income $379,828 $137.22
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $379,828
Annual Per SF $137.22
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $379,828
Annual Per SF $137.22
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $1,204,008 CAD
Price Per SF $434.97 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Auto Repair
  • Industrial Service
Building Class C
Lot Size 0.19 AC
Rentable Building Area 2,768 SF
No. Stories 1
Year Built 1948
Tenancy Single
Parking Ratio 5.78/1,000 SF
Zoning CM2 - The CM2 (Commercial Mixed Use 2) zoning designation in Portland, Oregon, is designed to support a variety of commercial, residential, and employment

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Water
  • Sewer
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
R231152
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$187,882 CAD (2025)
  • Listing ID: 41220962

  • Date on Market: 2026-07-09

  • Last Updated:

  • Address: 8705 SE Foster Rd, Portland, OR 97266

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