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2855 SW Patton Rd
Portland, OR 97201
Strohecker's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
39,533 SF
Building Class
C
Year Built/Renovated
1902/1987
Building Height
2 Stories
Building FAR
0.80
Lot Size
1.13 AC
Zoning
CM1
Parking
40 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
413’ on SW Patton Rd

ABOUT 2855 SW PATTON RD , PORTLAND, OR 97201

Marcus & Millichap has been selected to exclusively market for sale the Strohecker's site in the Southwest Hills of Portland. The 1.14 acre site is located within the Portland Heights neighborhood, one of the two neighborhoods that make up Southwest Hills. Southwest Hills sits above Downtown Portland and is known for its stately homes and is one of the oldest and most exclusive neighborhoods in Portland thanks to its views and proximity to downtown. The site is well known as the former location of Strohecker's Grocery, which occupied the site from 1902 until it closed in early 2016. As a full-service retailer, offering a grocery, pharmacy, post office and extensive selection of wine in a wine cellar, the site had a reputation as a convenient all purpose destination. With the average household income in the 1 mile radius being over $155,000, and the upscale neighborhood being accustomed to a higher-end retailer in that location, a buyer can monopolize on the tradition of a the neighborhood having its own convenient, dedicated shopping district. The zoning parameters for the site were recently changes to CM1, allowing a variety of commercial, residential and other uses at relatively low densities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R173590
Land Assessment
$1,241,580
Improvements Assessment
$10,000
Total Assessment
$1,251,580
  • Listing ID: 15045549

  • Date on Market: 2/1/2019

  • Last Updated:

  • Address: 2855 SW Patton Rd, Portland, OR 97201

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