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Investment Highlights

  • great foot traffic from new 84 unit housing development
  • market rent opportunity
  • long term tenants

Executive Summary

In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years. Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area. For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.

Property Facts

Price $2,872,464 CAD
Price / SF $506.34 CAD / SF
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
Cap Rate 5.15%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,673 SF
Total Land Area 1.00 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4337-4339 NE Killingsworth St, Portland, OR 97218 Retail 4,415 SF 1971 -
4331 NE Killingsworth St, Portland, OR 97218 Retail 1,258 SF 1971 -
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  • Listing ID: 40294585

  • Date on Market: 2026-04-25

  • Last Updated:

  • Address: Killingsworth retail Portfolio, Portland, OR

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