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16088 NE Sandy Blvd 1,725 SF Retail Building Portland, OR 97230 $549,000 ($318.26/SF)
Executive Summary
• 1,725 SF Building
• .28 acres (11,315 SF)
• Built in 2013
• Formerly a deli, ideal for a fast service restaurant or
other uses
• Excellent street frontage/visibility
• Great signage opportunity
• 2 restrooms
• 17 parking spaces
• Vacant - ready to occupy
• Located in an Enterprise Zone - link for more
information -
https://www.oregon.gov/biz/programs/
enterprisezones/pages/default.aspx
• Zoned CM1 - Commercial Mixed Use - link for
allowable uses- https://www.portlandmaps.com/bps/
zoning/#/zones/base/CM1
SALE PRICE
$575,000
Property recently underwent $100k in electrical, plumbing and HVAC renovations.
LEASE RATE
$18-20/SF - MG
• .28 acres (11,315 SF)
• Built in 2013
• Formerly a deli, ideal for a fast service restaurant or
other uses
• Excellent street frontage/visibility
• Great signage opportunity
• 2 restrooms
• 17 parking spaces
• Vacant - ready to occupy
• Located in an Enterprise Zone - link for more
information -
https://www.oregon.gov/biz/programs/
enterprisezones/pages/default.aspx
• Zoned CM1 - Commercial Mixed Use - link for
allowable uses- https://www.portlandmaps.com/bps/
zoning/#/zones/base/CM1
SALE PRICE
$575,000
Property recently underwent $100k in electrical, plumbing and HVAC renovations.
LEASE RATE
$18-20/SF - MG
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,725 SF
Building Class
B
Year Built
2007
Price
$549,000
Price Per SF
$318.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.28 AC
Zoning
CM1 - Commercial Mixed use 1
Parking
17 Spaces (9.86 Spaces per 1,000 SF Leased)
Frontage
120’ on Sandy Blvd
Amenities
- Bus Line
- Pylon Sign
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R648361 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $810,760 |
Property Taxes
Parcel Number
R648361
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$810,760
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16088 NE Sandy Blvd
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