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786 NE Burnside Rd 1,936 SF Retail Building Gresham, OR 97030 $2,250,000 ($1,162.19/SF) 4.80% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic Location
- Newly Paved lot, 75 spaces
EXECUTIVE SUMMARY
~Will be Vacant at Closing~
High Traffic Count: Unbeatable visibility on the Burnside corridor.
Total Versatility: Building will be vacant at closing.
Flexible Structure: "Cement Box" construction means all interior walls can be removed or reconfigured.
The Specs:
Parking: 75 paved spaces (Ideal for Auto Sales or Food Cart Pod).
Access: Two 10'x12' Garage Doors.
Storage: Full basement, large loft/attic, + 4 movable outbuildings.
Condition: Meticulously maintained. Updated HVAC, new windows, fresh exterior paint, and recently paved lot.
Zoning Potential:
Food Cart Hub (See conceptual brochure in docs).
Automotive/Vehicle Sales.
Restaurant/Boutique Retail (No drive-through).
Sale is for building and land only. Agent related to Seller.
Stop searching and start building. This property is the perfect candidate for the city's next great Food Cart Pod or Taproom. Located on the highly trafficked Burnside corridor, this site features a recently paved lot with 75 parking spaces—offering ample room for a high density of carts and customer parking.
The main building is a solid cement structure with updated HVAC and windows, ready to be converted into a commissary kitchen, bar, or indoor retail space. With two 10'x12' roll-up doors, you can easily create an indoor/outdoor flow.
Not looking for food service? The zoning and layout are equally primed for an Auto Dealership, mechanic shop, or boutique retail. The interior walls are movable, allowing you to customize the floorplan exactly to your specs. Includes basement and attic storage.
Zoning: Automotive/vehicle sales, mechanic shop, quick lube, or other commercial uses such as food carts
Building: Constructed in 1987, updated & freshly painted main building with three additional outbuildings on property.
Interior Layout: contains Retail/showroom space, two office areas, two bathrooms garage space with two 10 x 12 bay doors and a break or file storage area. Main showroom has a basement and attic storage.
Lot: Recently paved for a clean, professional appearance
Sale Includes: Building and land
High Traffic Count: Unbeatable visibility on the Burnside corridor.
Total Versatility: Building will be vacant at closing.
Flexible Structure: "Cement Box" construction means all interior walls can be removed or reconfigured.
The Specs:
Parking: 75 paved spaces (Ideal for Auto Sales or Food Cart Pod).
Access: Two 10'x12' Garage Doors.
Storage: Full basement, large loft/attic, + 4 movable outbuildings.
Condition: Meticulously maintained. Updated HVAC, new windows, fresh exterior paint, and recently paved lot.
Zoning Potential:
Food Cart Hub (See conceptual brochure in docs).
Automotive/Vehicle Sales.
Restaurant/Boutique Retail (No drive-through).
Sale is for building and land only. Agent related to Seller.
Stop searching and start building. This property is the perfect candidate for the city's next great Food Cart Pod or Taproom. Located on the highly trafficked Burnside corridor, this site features a recently paved lot with 75 parking spaces—offering ample room for a high density of carts and customer parking.
The main building is a solid cement structure with updated HVAC and windows, ready to be converted into a commissary kitchen, bar, or indoor retail space. With two 10'x12' roll-up doors, you can easily create an indoor/outdoor flow.
Not looking for food service? The zoning and layout are equally primed for an Auto Dealership, mechanic shop, or boutique retail. The interior walls are movable, allowing you to customize the floorplan exactly to your specs. Includes basement and attic storage.
Zoning: Automotive/vehicle sales, mechanic shop, quick lube, or other commercial uses such as food carts
Building: Constructed in 1987, updated & freshly painted main building with three additional outbuildings on property.
Interior Layout: contains Retail/showroom space, two office areas, two bathrooms garage space with two 10 x 12 bay doors and a break or file storage area. Main showroom has a basement and attic storage.
Lot: Recently paved for a clean, professional appearance
Sale Includes: Building and land
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,936 SF
Building Class
C
Year Built
1986
Price
$2,250,000
Price Per SF
$1,162.19
Cap Rate
4.80%
NOI
$108,000
Tenancy
Single
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.08
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
DC1 - DCL including auto/vehicle sales and repair, also convenience, food cart w bar, etc.
Parking
60 Spaces (30.99 Spaces per 1,000 SF Leased)
Frontage
177’ on NE Burnside
AMENITIES
- Fenced Lot
- Monument Signage
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $291,750 | Total Assessment | $702,980 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$291,750
Improvements Assessment
$0
Total Assessment
$702,980
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786 NE Burnside Rd
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