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4144 SE 60th Ave 2,886 SF 100% Leased Retail Building Portland, OR 97206 $969,000 ($335.76/SF) 8.87% Cap Rate
Investment Highlights
- Stable tenant mix
- Commercial Mixed Use 2 zoning
- Foster Rd ADT: 10,892
Executive Summary
Well-located neighborhood commercial property at 4144 SE 60th Avenue in Portland, featuring three fully leased units that provide immediate and stable income. The tenant mix includes a tattoo parlor, restaurant, and hair salon—service-oriented businesses that benefit from repeat clientele and local demand. Positioned in an established Southeast Portland corridor, the property offers solid in-place cash flow with long-term investment appeal in a vibrant, mixed-use neighborhood.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,886 SF
Building Class
C
Year Built
1933
Price
$969,000
Price Per SF
$335.76
Cap Rate
8.87%
NOI
$85,932
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.08
Lot Size
0.06 AC
Zoning
CM2 - Commercial Mixed Use 2
Frontage
122’ on 60th Ave
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (99)
Nearby Major Retailers
Property Taxes
| Parcel Number | R276395 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $262,950 |
Property Taxes
Parcel Number
R276395
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$262,950
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4144 SE 60th Ave
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