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1500 SW Park Ave - University Park 2,621 SF Retail Condo Unit Offered at $1,200,000 in Portland, OR 97201



Investment Highlights
- SW Market St - 14,793 VPD (2022)
- Convenient public transportation
- Former convenience store with ample power, restroom, and plumbing fixtures
- In an opportunity zone
- Off-street, comes with two (2) dedicated garage parking stalls
Executive Summary
In the heart of PSU campus with dedicated monument signage on high traffic corner of SW Market St & SW Broadway.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
High visibility retail/office corner space at SW Broadway & SW Market St
Sale Notes
$1,200,000 Seller financing @ 5%
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C4 | 2,621 SF | Retail | $1,200,000 ($457.84/SF) | - |
Unit C4
| Unit Size |
| 2,621 SF |
| Condo Use |
| Retail |
| Price |
| $1,200,000 ($457.84/SF) |
| NOI |
| - |
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Unit C4
| Unit Size | 2,621 SF |
| Condo Use | Retail |
| Price | $1,200,000 ($457.84/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| High visibility retail/office corner space at SW Broadway & SW Market St</li></ul> | |
| Sale Notes | |
| $1,200,000 Seller financing @ 5%</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 119,180 SF | Typical Floor Size | 23,836 SF |
| Property Type | Multifamily (Condo) | Year Built | 1988 |
| Property Subtype | Apartment | Lot Size | 0.92 AC |
| Building Class | C | Opportunity Zone |
Yes
|
| Floors | 5 | ||
| Zoning | C12 RXZ, Portland | ||
| Total Building Size | 119,180 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 23,836 SF |
| Year Built | 1988 |
| Lot Size | 0.92 AC |
| Opportunity Zone |
Yes |
| Zoning | C12 RXZ, Portland |
Amenities
Site Amenities
- Courtyard
- Fitness Center
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 125 | - | - |
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1500 SW Park Ave - University Park
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