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2105-2111 SE Division St 2 Properties Offered at $1,595,000 in Portland, OR
INVESTMENT HIGHLIGHTS
- 2105 SE Division (2,500 RSF / 5,000 SF Lot) may be made available for owner-occupant use
- Excellent long-term land banking and redevelopment opportunity
- Surrounded by strong retail, dining, and residential growth
- Income-producing with offset potential for owner-users
- Prime location in SE Portland’s high-demand Division corridor
- High walkability, transit access, and neighborhood visibility
EXECUTIVE SUMMARY
2105–2111 SE Division Street offers a unique opportunity to acquire two fully leased, freestanding commercial buildings in the heart of Southeast Portland’s thriving Division corridor. The ±2,500 SF building at 2105 SE Division sits on a 5,000 SF lot, and the ±1,980 SF building at 2111 SE Division is situated on a 4,500 SF lot, both zoned CM2
While both buildings are currently leased, 2105 SE Division could be made available to an owner-occupant seeking to offset costs with rental income from 2111 SE Division. In addition to generating immediate rental income, the property offers significant long-term upside as a prime land banking opportunity. Located in one of Portland’s most active commercial corridors, the site is ideally positioned for future redevelopment. The CM2 zoning supports medium-scale, mixed-use construction with ground floor retail and residential or office above, making it well suited for future infill development. Holding this property while benefiting from current cash flow allows an investor or owner-user flexibility while land values and rental demand in the area continue to rise
While both buildings are currently leased, 2105 SE Division could be made available to an owner-occupant seeking to offset costs with rental income from 2111 SE Division. In addition to generating immediate rental income, the property offers significant long-term upside as a prime land banking opportunity. Located in one of Portland’s most active commercial corridors, the site is ideally positioned for future redevelopment. The CM2 zoning supports medium-scale, mixed-use construction with ground floor retail and residential or office above, making it well suited for future infill development. Holding this property while benefiting from current cash flow allows an investor or owner-user flexibility while land values and rental demand in the area continue to rise
PROPERTY FACTS
| Price | $1,595,000 | Number of Properties | 2 |
| Price / SF | $357.78 / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 4,458 SF |
| Sale Type | Investment | Total Land Area | 0.22 AC |
| Status | Active |
| Price | $1,595,000 |
| Price / SF | $357.78 / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,458 SF |
| Total Land Area | 0.22 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2105 SE Division St, Portland, OR 97202 | Industrial | 2,500 SF | 1997 | - |
| 2111 SE Division St, Portland, OR 97202 | Office | 1,958 SF | 1906 | - |
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2105-2111 SE Division St
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