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728 NE Dekum St 2,130 SF Retail Building Portland, OR 97211 $875,000 ($410.80/SF)
Investment Highlights
- Prime corner location
- Strong Neighborhood Demand
- Flexible CM2 Zoning
- Great accessibility to I-5, public transit, and key Portland corridors
Executive Summary
Located at the prominent corner of NE Dekum St and NE 8th Ave in Portland, 728 NE Dekum St is a versatile office building offering a range of opportunities under its Commercial Mixed Use 2 (CM2) zoning. The zoning allows for development up to four stories, providing potential for expansion or redevelopment. Currently, the space is used as a multi-tenant office building with tenants on month to month leases. Continue use as a functional office space, convert to retail, or entertain development opportunity on a corner lot. This CM2 medium-scale zoning designation permits a variety of uses, including retail, office space, residential units, and certain light manufacturing activities, making it ideal for businesses seeking a dynamic and adaptable space.
The building's strategic corner location ensures high visibility and accessibility, benefiting enterprises aiming to establish a strong presence in the vibrant Woodlawn neighborhood.
The building's strategic corner location ensures high visibility and accessibility, benefiting enterprises aiming to establish a strong presence in the vibrant Woodlawn neighborhood.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,130 SF
Building Class
C
Year Built
1908
Price
$875,000
Price Per SF
$410.80
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.11 AC
Zoning
C4L
Frontage
98’ on Dekum St
Amenities
- Bus Line
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (96)
Nearby Major Retailers
Property Taxes
| Parcel Number | R311506 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $68,570 |
Property Taxes
Parcel Number
R311506
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$68,570
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728 NE Dekum St
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