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11131 NE Halsey St 8,740 SF 100% Leased Retail Building Portland, OR 97220 $1,950,000 ($223.11/SF)
Investment Highlights
- Stable Lease Income
- Significant Renovations completed in 2018
- Roll Up Door
- Second Generation Restaurant/Commercial Kitchens available
- 2 Pylon Signs
- Excellent Visibility & Location
Executive Summary
The 100% leased property is an 8,740 SF Freestanding building with two food production/restaurant/pub tenants including full kitchen buildouts. This offering represents a prime opportunity for an investor to purchase gateway retail center in a prime NE Portland location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,740 SF
Building Class
C
Year Built
1959
Price
$1,950,000
Price Per SF
$223.11
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.29 AC
Zoning
CN2
Parking
4 Spaces (0.46 Spaces per 1,000 SF Leased)
Frontage
129’ on Halsey St
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R130001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $975,840 |
Property Taxes
Parcel Number
R130001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$975,840
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Contact the Sale Advisor
11131 NE Halsey St