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1737 SE 12th Ave 6,000 SF Industrial Building Portland, OR 97214 For Sale
INVESTMENT HIGHLIGHTS
- Great visible location;
- Highly attractive seller financing.
- Parking: 4 large grade doors; excellent for auto use.
EXECUTIVE SUMMARY
This is a excellent opportunity for an owner/user. 6000 sf building with 4 grade doors and lots of parking on a 10,000 sf lot. 14' ceiling light three phase power; older office/bathroom. Great location on SE 12th just south of Hawthorne so good visibility and access to all parts of the city. The buildng was a long time transmission shop and has a grandfathered auto use which is very broad. Other uses would need to go through the city's non-coforming use process which has been done before. The property is unpriced right now so tell us what works and we will try to accommodate.
The best part of the this deal is the seller has current very attractive seller carried financing at 5% that can be transferred to a new owner.
The best part of the this deal is the seller has current very attractive seller carried financing at 5% that can be transferred to a new owner.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Sale Type | Owner User | No. Stories | 1 |
| Sale Condition | Building in Shell Condition | Year Built | 1958 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 2.5/1,000 SF |
| Building Class | B | Clear Ceiling Height | 15’ |
| Lot Size | 0.23 AC | No. Drive In / Grade-Level Doors | 4 |
| Rentable Building Area | 6,000 SF | ||
| Zoning | RM2 - The Zoning is RM2. Has auto repair/service/industrial use grandfathered. Other uses may be possible with approval by city of non-conforming uses. | ||
| Sale Type | Owner User |
| Sale Condition | Building in Shell Condition |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.23 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Tenancy | Single |
| Parking Ratio | 2.5/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | RM2 - The Zoning is RM2. Has auto repair/service/industrial use grandfathered. Other uses may be possible with approval by city of non-conforming uses. |
AMENITIES
- Bus Line
- Signage
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | R276123 | Total Assessment | $345,690 |
| Land Assessment | $0 | Annual Taxes | ($6,000) (($1.00)/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
R276123
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$345,690
Annual Taxes
($6,000) (($1.00)/SF)
Tax Year
2025
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1737 SE 12th Ave
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