Burlington Retail for Sale - Old North End

Prime Downtown Burlington Opportunity! This building, formally known as Merrill's Roxy Cinemas, has been a staple in the community for many years and has been been well maintained throughout the years. Located at the high-visibility corner of College Street and South Winooski Avenue, this property offers unmatched potential in the heart of downtown Burlington. Offering over 12,000 square feet of versatile space! Whether you're looking to renovate the existing structure or explore redevelopment possibilities. The current zoning supports a wide range of uses. An exceptional investment for the visionary buyer ready to take advantage of one of Burlington’s most sought-after areas. This property is also known as 108 S Winooski Ave Burlington, VT.

Property Subtype:

Movie Theatre

Date on Market:

2025-06-11

Elizabeth City Land for Sale

Approximately one acre zoned Office & Institutional (O&I) in a high-traffic, high-visibility area of Elizabeth City. Strategically located near hotels, shopping centers, theaters, and rooftops, this site offers exceptional access to both the US Hwy 17 Business and Bypass routes. Positioned at the gateway to one of the most actively developing corridors in Elizabeth City and Pasquotank County. Multiple parcels are available, allowing for a combined total of approximately 2.14 acres. Additional properties on the same block may also be available, bringing the total to over 10 contiguous acres of developable land zoned O&I and I-1 (Industrial). Please refer to current listings for the most accurate and up-to-date availability. Elizabeth City serves as the economic and service hub of Northeastern North Carolina, drawing from a regional population of nearly 90,000 across Pasquotank, Perquimans, Camden, Gates, and Chowan counties. Additionally, Elizabeth City is quickly finding itself to be a weekend getaway, passthrough town to travelers in route to the Outer Banks and much more. With 3 colleges and universities focused on both education and trade, Elizabeth City is positioning itself for the coming growth. This site places your business in the heart of a rapidly growing market—where healthcare, education, retail, and government services converge to meet regional demand. Permitted uses under O&I zoning include but are not limited to: duplexes and accessory dwellings, government offices, athletic fields, public parks and recreational facilities, outdoor theaters, and various retail and service establishments.

Property Subtype:

Commercial

Date on Market:

2025-06-10

Tomball Land for Sale - Northwest Outlier

Property Subtype:

Commercial

Date on Market:

2025-06-10

Houston Specialty for Sale - Midtown

Endless Possibilities Await in This Custom-Designed Urban Retreat! An exceptional opportunity for mixed-use space, this one-of-a-kind property is designed for live, work, and play—offering nearly 7,000 sq ft of versatile interior space. The ground level features an expansive 8-car garage with two garage doors, perfect for auto enthusiasts, proceeded up the first flight of stairs or just take the elevator to the second floor theater or even better up to the third level to a recording studio. This unique property boasts 2 outdoor decks, one being a rooftop deck with views of Downtown Houston. Whether you're looking for a private residence, a home-based business hub, or a multi-functional urban oasis, this property is a rare gem with boundless potential.

Date on Market:

2025-06-09

Los Angeles Multifamily for Sale - East Hollywood/Silver Lake

PRICE JUST REDUCED BY $335,000 TO ACCOMMODATE A 2025 CLOSING Marcus & Millichap is pleased to announce the opportunity to purchase 1852-62 N Edgemont Street, a 12-unit multifamily property situated in the prime Los Feliz neighborhood of Los Angeles, CA. Occupying two parcels with excellent visibility on the corner of Franklin Avenue and Edgemont Street, the property features a favorable unit mix with mostly two-bedroom units, half of which are townhouse floorplans. The classic French-Normandy buildings house spacious apartment layouts, with units averaging over 1,000 square feet of living area. Several units have already been renovated, providing a blueprint to add considerable value to the remainder of the property and potentially recapture approximately 29% in rent upside. A unique and lucrative benefit of this property is the substantial amount of supplemental income that it generates, by virtue of its 12 private parking garages, six additional open spaces, and landlord-owned laundry facilities. Together, these secondary income streams produce nearly $20,000 annually for the owner. Although Los Feliz is directly adjacent to the bustling neighborhoods of Hollywood, Silver Lake, and Glendale, the hillside area is generally secluded and has long been considered one of the most desirable locations for some of the most affluent residents of Los Angeles. Demand for rental housing has increased substantially as many locals find themselves priced out of homeownership. Almost every single-family home sale in the past year -- approximately 97% of all transactions -- has surpassed $1,000,000. In fact, the median sales price during that time period has been nearly $2,400,000, forcing residents who seek the space and amenities of a private home to instead opt for high-end rentals, such as those offered by 1852-62 N Edgemont Street. Moreover, as remote and hybrid working models have become more prevalent, the low-density neighborhoods within Los Feliz have become even more desirable to those employed in denser Hollywood and Koreatown. Tenants at the property enjoy convenient access to Griffith Park, a 4,210-acre urban wilderness area that is home to the Griffith Observatory, the Los Angeles Zoo, the Hollywood Sign, and the Greek Theatre. Los Feliz Village, a trendy shopping area filled with boutiques and restaurants, sits mere blocks from the property. Hollywood is directly west of the property, offering access to world famous clubs, restaurants, and entertainment venues. Transit options are numerous in the area, with the 101 Freeway nearby and the Hollywood/Western and Vermont/Sunset metro stations both in the vicinity.

Property Subtype:

Apartment

Date on Market:

2025-06-09

Joshua Tree Land for Sale - Twentynine Palms

Level 10-acre parcel with 360 degree views is just a 2-minute drive to downtown Joshua Tree. Its unique CG (Commercial General) zoning allows for a variety of uses such as: 1). Lodging services (hotel / motel and other lodging facilities) 2). Retail stores 3). Personal services (salons / personal care) 4). Entertainment (bowling alley / movie theater and other recreational facilities) 5). Office (various professional services) 6). Warehousing and wholesaling; storage and distribution facilities 7). Businesses providing construction-related services 8). Businesses providing transportation services Buyer is advised to hire its own planning professionals. Public utilities are available at the site. Sign on property. This parcel is located on the 29 Palms Hwy, just adjacent to the dynamic AutoCamp glamping property and has excellent visibility and access from 29 Palms Hwy. Escrow with Atas Escrow / Jessica Yu, Officer, only, please! This property is easy to view and is situated between the Verbana access road to MBTA on the right and the large Tamarisk trees on the left. See attached aerial maps designating the location. Buyer is advised to hire its own survey professionals. Directions: This property is located on 29 Palms Hwy just east of Sunburst and is adjacent to the AutoCamp glamping site. Property is situated between the Verbana Road entrance to MBTA and the large Tamarisk trees on the left. Sign on property. Please see "Documents" for parcel location.

Property Subtype:

Commercial

Date on Market:

2025-06-08

Winston-Salem Multifamily for Sale - NW Forsyth County

Property Subtype:

Apartment

Date on Market:

2025-06-05

Lighthouse Point Portfolio of properties for Sale - Pompano Beach

This is a rare opportunity to acquire a high-profile, contiguous development site in Lighthouse Point, Florida—one of Broward County's most sought-after coastal communities. Located along the high-traffic corridor of US-1/Federal Highway, this ±2.01-acre assemblage offers significant redevelopment potential. The site consists of three tenant-occupied commercial properties generating immediate income and presenting a strong value-add or repositioning opportunity through zoning changes. The proposed redevelopment envisions a vibrant mixed-use project with retail or restaurant space on the ground floor and multifamily residential units above, consistent with the growing demand for walkable, amenity-rich living environments in affluent suburban markets. The envisioned redevelopment plan capitalizes on the site’s high visibility and corner frontage to deliver a vibrant , walkable mixed-use environment. Preliminary concept includes: 100 + Multifamily Residential Units, Designed for modern urban living, these units will address strong demand in the Lighthouse Point corridor, with potential for Class A rental product or luxury condominiums. ±10,000 SF Ground-Level Retail/Restaurant Space, Positioned directly along Federal Highway and NE 21st Street to attract premium tenants—ideal for dining, boutique retail, or service-based businesses. Structured & Surface Parking Incorporating hybrid parking strategies to support both residents and commercial traffic while maximizing land use. Currently generates a net operating income of approximately $320,000 annually, providing investors with immediate cash flow during entitlement and redevelopment planning. This built-in income reduces holding risk while pursuing rezoning and project approvals. offering a rare chance to hold income-generating property while navigating the entitlement and site design process. 2 out of 3 current tenants are on NNN leases until 2027 with options NDA SIGNED TO RELEASE OFFERING MEMORANDUM

Property Subtype:

Mixed Types

Date on Market:

2025-06-04

Clearfield Land for Sale - Davis/Weber Counties

Also available for BTS Corner lot with multiple uses in the Downtown Commercial Commerce zone. Current uses have been vacated

Property Subtype:

Commercial

Date on Market:

2025-06-04

Lubbock Industrial for Sale - Outlying Lubbock County

This expansive multi-use facility offers a combination of office, industrial and even living quarters for an owner-user or investor. The property includes four additions with some high-clearance industrial bays (and multiple overhead doors), a mix of office suites, ADA restrooms, large conference areas, and multiple offices. One area is suitable for living quarters with a theater room. Property has fenced back area (with a 10' electric gate) enhanced security and function. This property features varied warehouse ceiling heights and ample parking. The adjacent property (10101 Hwy 87) is also for sale; purchasing both would give Buyer a campus of 41,800 total sq ft (approximately 8,500 office sf and 33,300 warehouse sf).

Property Subtype:

Warehouse

Date on Market:

2025-06-03

Palm Desert Retail for Sale - Coachella Valley

This Building is located on El Paseo within one block of the Gardens Shopping Center which is the center of the El Paseo Shopping District. Discover El Paseo, the Coachella Valley’s premier shopping destination, often referred to as the “Rodeo Drive” of the region. Explore a vibrant array of upscale retailers and delectable dining options, all in one stunning location. Palm Desert is the home of the Living Desert Zoo and Gardens, a combination zoo and botanical garden featuring over 500 animals from 150 species over 80 acres. Palm Desert has metamorphosed from a sandy cove at the foot of the Santa Rosas into a sprawling shopping, entertainment, and recreation mecca. Catch a show at the McCallum Theatre, a state-of-the-art performance venue that has hosted some of the world’s top entertainers, as well as touring Broadway acts; feed a giraffe (#goals) at the wonderfully wild Living Desert Zoo & Gardens, ranked one of the top zoos in the country; let inspiration strike while exploring public art along the city’s famed shopping district, El Paseo; kick it into high gear on the Bump and Grind Trail (the 1,000-foot elevation gain pays off in breathtaking panoramic views); or play a round on an award-winning golf course.

Property Subtype:

Storefront

Date on Market:

2025-06-02

Coral Springs Retail for Sale - NW Broward/Coral Springs

CBRE, Inc., as the exclusive advisor, is pleased to offer for sale The Plaza at Coral Springs (“Property”), a value-add retail center totaling approximately 93,000 square feet on a prime 10.64-acre infill site immediately adjacent to the Coral Square Mall in Coral Springs, Florida. The Property is anchored by the state-of-the-art, dine-in Paragon Movie Theater and features two dynamic outparcels: Fresenius Kidney Care, which recently signed a new 10-year lease extension, and a high-end Mexican bar and restaurant. The remaining tenants include a mix of medical, restaurant, and various other retail uses that cater to the local population. Strategically positioned directly east of the Coral Square Mall in one of Broward’s most densely populated and growing submarkets, the Property benefits from extremely favorable demographics, providing excellent demand for both retail and future residential redevelopment. While the Property is fully improved, the City recognizes the importance of adding residential density and a strong demographic to the areas immediately around the mall. There is excellent potential to redevelop the Property into a dense luxury midrise multifamily or mixed-use project in the future. Several multifamily projects are in the early planning stages along the Atlantic Blvd corridor in the immediate vicinity, and the redevelopment potential of the Property will become more apparent as these projects obtain entitlements and begin construction. The existing center offers significant future upside with existing below-market leases, particularly the Paragon Movie Theater, which currently pays only a few dollars per foot above current operating expenses and represents over 30% of the gross leasable space of the center. The Plaza at Coral Springs benefits from exceptional visibility and accessibility along a high-traffic commercial corridor. Located at 766 Riverside Drive, the Property is embedded within one of Broward County’s most desirable suburban communities—known for its affluence, strong schools, and steady growth. The center is ideally situated near major arterials, including University Drive and Atlantic Blvd, two of the most heavily traveled thoroughfares in the market. This prime location offers outstanding exposure to both local and commuter traffic and places the center in close proximity to national retailers, public schools, and dense residential neighborhoods. Coral Springs boasts a population of approximately 134,000 residents, with a median household income of $90,643—well above the national average—reflecting the area’s economic stability and consumer spending power. The surrounding area is characterized by a diverse and dynamic population with a median age of approximately 36, placing a significant proportion of residents in prime consumer age brackets. The Plaza’s location within the 33071 zip code places it in a trade area with a strong economic foundation and consistent demand for neighborhood retail. Ongoing residential and commercial development continues to fuel growth, supporting long-term tenancy and investor upside. The Plaza at Coral Springs presents investors with a rare opportunity to acquire a well-located, demographically supported retail asset with significant value-add and development upside in a fundamentally strong and growing South Florida market.

Property Subtype:

Movie Theatre

Date on Market:

2025-06-02

Doylestown Office for Sale - Upper Bucks County

Historic Edward Heston House, dating back to pror 1845, on the National Register of Historic Places, located in the heart of downtown Doylestown. This charming plaster-over-stone building offers a two-bedroom residence combined with a business space ideal for continued mixed use or full-office conversion (consult zoning ordinances available online). Features include original wide plank pine floors, deep-set windows, custom built-ins, and a bright south-facing sunroom. Main level includes a large office/meeting room (or dining room), formal living room, and full kitchen with rear access to a paved parking lot (4–6 cars). The private backyard boasts a stone terrace, mint, blueberry, and quince bushes, plus attached storage. New roof, hot water heater, newer central AC and minisplit, radon system, partial CCTV, and security system. Steps from shopping, dining, the County Theater, and Michener Museum. Expansion potential on upper floors verify zoning for dwelling-in-combination and permitted uses.

Date on Market:

2025-06-02

Cleveland Office for Sale - South

The Ferrum 77 is a 77,629 SF Office Building and Annex Building located at 3100 East 45th Street, Cleveland, OH. The Ferrum 77 is a historic building that was originally constructed in 1924 for Republic Steel. The building has a marble lobby featuring an original mural of the surrounding community. Situated immediately off of I-77 at the Broadway Ave. exit with easy access to I-90, The Ferrum 77 puts you just minutes from Downtown Cleveland. The Building is in close proximity to attractions like the Czech Cultural Center Museum of Sokol Greater Cleveland, the Cleveland Museum of Art, Great Lakes Theater, Steelyard Commons, and Broadway Avenue Historic District. Nearby restaurants include Saigon Grille, Superior Pho, Subway, and Koko Bakery, with many more options heading into Downtown. Cleveland Hopkins International Airport sits approximately 14 miles away. 77,629 SF Office Building and Annex Building Typical Floor: 12,938 SF 65% Leased | 35% Vacant 5-Story Building and 2-Story Annex Building 7.27 Acres + .53 Acres = 7.8 Acres Total Built in 1924/Masonry Recently Renovated Common Areas On-Site Tenant Conference Center, Workstyle Suites With Meeting Room, Tenant Lounge, Loading Docks, Outdoor Seating, 24-Hour Programmable Access, Vending Machines & WiFi Gated Parking With Remote Entry 190 Surface Spaces Freeway Access, Minutes to I-77 & I-490 Providing , Access To All Major Freeways

Date on Market:

2025-06-02

Jesup Land for Sale

Many potential possibilities with this property. The land lays mostly rolling to flat. A creek runs from the upper left corner of the property to the lower bottom of the property but not any of it in flood plain. Conveniently located near the main part of the Jesup city that is rapidly developing. The C-3 zoning offers ample various opportunities including all the C-2 opportunities. The seller will survey the C-3 portion for the new owner.

Property Subtype:

Commercial

Date on Market:

2025-06-01

Chicago Multifamily for Sale - Lincoln Park

**SALE NOTES – 2020 N Lincoln Park West, Unit CU1 | Chicago, IL 60614** **Property Overview:** Prime 4,650 SF ground-floor commercial condo located in the heart of Lincoln Park, one of Chicago’s most established and affluent neighborhoods. Positioned at the base of a 440-unit luxury residential tower and surrounded by high-rise buildings, this corner unit offers unparalleled exposure to heavy foot traffic, destination visitors, and a stable high-income local population. **Former Use:** Previously occupied by the Original Pancake House for over 25 years. Restaurant infrastructure remains in place, but the space is easily adaptable for other high-value commercial uses. **Ideal Uses:** Restaurant, Coffee Shop, Retail Boutique, Medical, Dental, Chiropractic, Fitness Studio, Spa/Salon, Gallery, or Professional Office. B1-2 zoning offers flexible use potential. **LOCATION ADVANTAGE** **High Traffic + Tourist Magnet:** * Located steps from **Lincoln Park Zoo** (over **3.6 million annual visitors** – free admission all year) * One block from **Green City Market**, **Peggy Notebaert Nature Museum**, **North Pond**, and **Park West Theater** * Constant year-round foot traffic from residents, tourists, eventgoers, and runners/cyclists from the lakefront path * CTA bus stops within 200 feet; 5-minute drive to Lake Shore Drive; short walk to Clark St retail corridor **DEMOGRAPHICS** *(2023 Data — 1 Mile Radius)* * **Population:** 54,000+ * **Households:** 28,500+ * **Median Household Income:** \$132,000+ * **Average Household Income:** \$188,000+ * **Daytime Population (includes workers and visitors):** 90,000+ * **Walk Score:** 96 (“Walker’s Paradise”) * **Bike Score:** 92 * **Transit Score:** 80 **PROPERTY FEATURES** * ±4,650 SF corner commercial condo * Large window line and high ceilings * Existing kitchen infrastructure (grease trap, venting, plumbing – confirm with broker) * Strong visibility with signage potential * In the base of a well-managed 440-unit high-rise condo * Utilities and mechanicals in place; minimal buildout for similar uses * Ideal for both owner-users and long-term investors **CONDO ASSOCIATION NOTES** * **Right of First Refusal applies** (unit sale subject to board review and match rights) * Use restrictions/covenants in place—please inquire * Professionally managed, healthy reserves, stable assessments **Zoning:** B1-2 **Property Use:** Retail | Restaurant | Medical | Office | Service **Available:** Immediately **Sale Type:** Fee Simple Interest **Summary:** With high visibility, rich foot traffic, and direct access to one of Chicago’s highest income, highest density neighborhoods, 2020 N Lincoln Park West presents a rare ownership opportunity in a true legacy location. Whether you’re expanding a brand, opening a flagship, or securing long-term real estate for a stable business model—this offering is a standout.

Property Subtype:

Apartment

Date on Market:

2025-05-31

Channahon Land for Sale - Joliet/Central Will

Retail Lot For Sale Total Available: ±5.6 Acres Versatile Investment Opportunity $495,000

Property Subtype:

Commercial

Date on Market:

2025-05-28

Jamestown Retail for Sale

**4th & Pine Professional Building** -$193K in Recent Upgrades: Includes a new 50- year roof, updated HVAC systems, and a newly built retention wall. -Close to major attractions like Northwest Arena, the National Comedy Center, and the Lucille Ball Little Theatre—strong foot traffic drivers. -Features a solid rent roll with a blend of destination retail and professional service tenants. -Leasing Opportunity: 1,800 SF of vacant space available, with active interest and tours underway. -The surrounding area is seeing rapid development, with multiple new businesses opening within a one-mile radius.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-05-27

Sterling Office for Sale - Route 28 Corridor North

Exceptional Office Space in Prime Sterling Location! Also for Rent $2400 per month. Discover a rare opportunity to own a highly functional and versatile office suite in the heart of Sterling. This 1,348 sq ft unit features a welcoming reception area, multiple private offices, and a layout well-suited for medical, wellness, legal, Real Estate or other professional services. Located within the established Countryside Professional Center, this suite is just off Route 7, minutes from Dulles Airport, Route 28, and Dulles Town Center. Enjoy close proximity to restaurants, retail shops, and essential amenities, all within walking distance. The property also offers ample on-site surface parking for clients and staff. Whether you're an owner-user or investor, this is a prime commercial space that delivers both visibility and convenience in one of Northern Virginia’s most connected business corridors.

Property Subtype:

Medical

Date on Market:

2025-05-23

Louisville Multifamily for Sale - South Central

CBRE has been retained as the exclusive representative to offer Gardiner Point, a 142,754 SF 321-room building located on 5.29 acres with 341 parking spaces located at 4004 Gardiner Point Drive in Louisville, KY, (the “Property”) for sale to qualified buyers. The building was built in 1965 as the Colonel Sanders Inn adjacent to the KFC/YUM campus, and was expanded, renovated and converted into a residence hall for Sullivan University in 2010. The building is conveniently located near the I-264/Newburg Road interchange with great interstate visibility. The central location with access from Louisville’s inner belt (I-264) is a tremendous strength. The Property is in close proximity to the Muhammad Ali Louisville International Airport, Kentucky Kingdom, Churchill Downs, the University of Louisville’s football stadium and the Kentucky Fair and Exposition Center, all of which drive tremendous hotel demand in the area. The saltwater pool, meeting rooms, lakefront setting and traditional architectural style would also appeal to the bourbon tourism community that is visiting Louisville throughout the City. The building is also equipped with a complete commercial kitchen and restaurant space which would be beneficial for an assisted living use or behavioral/addiction treatment facility. The central location would be appealing to staff, patients and their families coming from within the Louisville market or commuting to the facility. There is also a shortage of affordable housing throughout the city, which could be addressed with this project. In addition, the close proximity to student populations for Sullivan University, Bellarmine University and the University of Louisville and healthcare workers for the downtown medical center and the St. Matthews medical district could represent potential tenants for a multi-family conversion

Property Subtype:

Dormitory

Date on Market:

2025-05-22

Payson Land for Sale

Prime Commercial Corner in Payson - High Visibility & Endless Potential! 1.29 acres of level land. Located on the northeast corner of Highway 87 and E. McKamey Street, this is one of Payson's most coveted keystone properties. With unmatched visibility and exposure in a high-traffic corridor, this site offers exceptional value for investors, developers, or business owners seeking a premier location. The existing building provides immediate utility with the two existing small buildings—perfect for generating rental income or operating a business while planning future development. Zoned C-2, plus C-3 ( Commercial), the property is ready for high-intensity commercial use, making it an ideal fit for retail, hospitality, service-oriented ventures or even contractors, machine shops or outdoor retail.

Property Subtype:

Commercial

Date on Market:

2025-05-22

East Point Retail for Sale - North Clayton/Airport

Positioned in the heart of East Point, this ±4,500 SF property offers a rare opportunity to acquire a versatile theatre, studio, and event venue in a dynamic, transit-oriented location. Zoned for public assembly, the building is designed to accommodate a variety of uses, from live performances and film production to corporate events and community gatherings. The space features an unobstructed 65’ x 35’ room with 18-foot clear height, complemented by black box and white box theatres seating 67 and 45 respectively, plus a welcoming lobby for 30 guests. Infrastructure is tailored for professional-grade operations, including 3-phase power, 200-amp camlock connections, and robust electrical capacity. Parking is convenient with 14 on-site spaces, additional street parking, and 45 spaces next door. Accessibility is a standout advantage—MARTA is just one block away, ensuring seamless connectivity to Atlanta’s urban core and Hartsfield-Jackson International Airport. Surrounding demographics underscore strong market fundamentals, with over 176,000 residents within five miles and average household incomes exceeding $73,000. This property’s strategic location near major thoroughfares and vibrant neighborhoods positions it as an ideal investment for entertainment operators, creative studios, or institutional buyers seeking a flexible venue with growth potential.

Property Subtype:

Freestanding

Date on Market:

2025-05-21

Fort Collins Retail for Sale - Fort Collins/Loveland

Don’t miss this opportunity to own one of the most unique properties in Colorado! The Lyric has been a staple in the Fort Collins community since 2007. It began as a small downtown rental and has since grown into a community institution, with their full bar and counter service restaurant. Their current location was built in 2017, specifically for the business. Locally owned and operated, The Lyric is know for it’s eclectic atmosphere, community focus, and diverse offerings. It hosts a variety of events in the FoCo neighborhood, including live music, movies, and art installations. The uniqueness of this space makes it a popular destination for college students, locals, and visitors alike! This investment won’t last long, so act fast to own a part of Fort Collins history!

Property Subtype:

Movie Theatre

Date on Market:

2025-05-20

Portland Multifamily for Sale - Lloyd District

The subject property consists of five units with covered parking on SE 30th Place, just a block off of E Burnside St, in the heart of Portland’s Close-In Eastside. All five units at the subject 5-plex are townhouse-style with two bedrooms and one bathroom and include a separate dining area with ample closet space. Averaging approximately 900 square feet, all units include a covered tuck-under parking space and a storage unit. Laundry is shared in the basement and is free for tenants to use. Over the last ten years every unit at the property has been renovated with new kitchens, fixtures, flooring, and paint. Additional improvements include newer exterior paint, a new roof in 2011, and energy efficient vinyl windows. The rents at this turn-key property are below market, providing upside for a new owner. Featuring a Walk Score of 92 and a Bike Score of 90, the property has easy access to downtown Portland (8 minutes) and is transit-oriented with public bus lines stopping a block away and both the 42nd & Hollywood and Lloyd Center/NE 11th Ave MAX Light Rail stops just over a mile away. The location is what sets this 5-plex apart. Tenants benefit from the convenient location with walking distance to many neighborhood restaurants, bars, and stores, including a Whole Foods Market (3 blocks), and some of Portland’s most acclaimed restaurants, including Ken’s Artisan Pizza, Bamboo Sushi, and La Buca. Two blocks away, SE 28th and Burnside in Portland is a busy, eclectic intersection that sits at the edge of the city's vibrant Hawthorne District and is close to the Belmont area. The location is nearby several popular spots, like the quirky shops along SE Hawthorne Blvd and eclectic dining options in the area. It’s also close to some Portland staples like Powell’s Books and the iconic Bagdad Theater, just a few blocks away. Laurelhurst is a historic eastside neighborhood known for its tree-lined streets, beautiful parks, and stately homes. Situated just east of downtown, it offers a mix of residential tranquility and easy access to urban amenities. The centerpiece of the area is Laurelhurst Park, a lush, 30-acre green space perfect for walking, picnicking, and enjoying nature. With its historic architecture, vibrant community, and proximity to local cafes and shops, Laurelhurst embodies a blend of old-world charm and modern-day convenience.

Property Subtype:

Apartment

Date on Market:

2025-05-19