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Listed by M Maltase Real Estate Group
$ 2,100,000
Est. payment | /mo
7,875 SqFt
$ 2,100,000
Est. payment | /mo
7,875 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,875 sqft
Price per Sqft $266
MLS Listing ID 392176805
Year Built 1924
Annual Tax Amount $10,464
Tax Year 2025
Lot Size 0.340 Acres
Property Sub-Type Commercial
Property Description
A commercial retail building in heart of Montavilla. 100% occupied with excellent long term tenants and leases in place. Leases have been renewed at market rates with annual increases. This well maintained property offers an investor a rare opportunity to acquire a proven retail asset in the neighborhood. A 6.7% cap on actual financials. This building is an URM. The property is on SE Stark & 81st with its own private Parking lot behind the building.
Location
State OR
County Multnomah
Area _143
Zoning CM2
Interior
Heating Forced Air
Cooling Heat Pump
Exterior
Roof Type Flat,Rubber
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
We're always here to help. Let's connect!
Matthew Tercek
Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)
+1(503) 453-5815 | matthew@tercekre.com