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2316 E Portland Rd
Newberg, OR 97132
Vintage Square Center · Retail Property For Sale
Investment Highlights
- 6 total suites
- Blended in-place rents below market in select suites
- Staggered lease expirations create mark-to-market opportunity
- 3,000 SF second-generation restaurant vacancy
- Expense recoveries in place to protect NOI
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,412 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.90 AC
Zoning
C-2-Commercial - Commercial/Mixed Use 2 (CM2) as a medium-scale zone. It is designed for areas with frequent transit, along commercial corridors, and within centers, allowing a mix of commercial, office, and residential uses
Parking
50 Spaces (5.69 Spaces per 1,000 SF Leased)
Frontage
113’ on Portland Rd
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 56389 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $789,677 |
Property Taxes
Parcel Number
56389
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$789,677
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