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5132-5142 NE Sandy Blvd
Portland, OR 97213
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,356 SF
Building Class
C
Year Built
1924
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.20 AC
Zoning
CM2
Parking
15 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
78’ on NE Sandy

AMENITIES

  • Bus Line
  • Signage
  • Signalized Intersection

ABOUT 5132-5142 NE SANDY BLVD , PORTLAND, OR 97213

Marcus and Millichap has been exclusively selected to market for sale the retail building located at 5132-5142 NE Sandy Blvd. The property is strategically located between the Rose City and Hollywood neighborhoods on the going-home side of the street and benefits from outstanding visibility on NE Sandy Blvd. The property is a 4,356 SF concrete block commercial building consisting of two retail suites, one occupied and one vacant, along with a large parking lot (15 spaces) and a billboard. The property also benefits from having numerous restaurant/grocery features (grease trap, walk-in freezers, floor drains) that are highly attractive for an owner/user. This property presents an opportunity for either an investor to re-tenant the property and increase both rents for the retail suites along with significantly increase the income from the billboard. This is also a fantastic opportunity for an owner/user to acquire a flexible retail building that would accommodate a myriad of different businesses and provide additional income from the billboard and adjacent tenant.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R217311
Land Assessment
$931,880
Improvements Assessment
$94,300
Total Assessment
$1,026,180
  • Listing ID: 15599185

  • Date on Market: 4/1/2019

  • Last Updated:

  • Address: 5132-5142 NE Sandy Blvd, Portland, OR 97213

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