This is a mixed use building with 4 apartments upstairs over 3 retail units on the ground floor. The restaurant has a full type I hood and is currently on a month to month lease. A Buyer could operate the profitable business or the current restaurant owner would sign a 5 year lease. The grocery store is on a month to month lease as well. The owner would be glad to sign a long term lease. The upstairs apartments are under rented
Built in 1917, the Classic is a vintage bricker with period detailing throughout. The exterior, interior common areas, and most apartments have been beautifully updated while maintaining the building' s original character. Unit interiors have been flawlessly restored to highlight their original antique charm. Each apartment features beautiful hardwood floors, period light fixtures, claw foot bathtubs, vintage backsplashes, and a spacious walk-in closet with built-in storage. Two units feature an extra large den that may function as an extra bedroom. Kitchens feature period cabinetry, charming detailing, and cheerful checkerboard flooring.
Turnkey Cash Flow: HOME + BUILDABLE LOT! $5,450 Monthly GROSS INCOME -$566 total expenses $5,045 Monthly NET INCOME after taxes, util, ins. Property comes FURNISHED with PAYING TENANTS. Fully restored old Portland style home w/ granite kitchen, mosaics throughout, tin ceilings, wood-paneled dining room, stained glass windows, sanded fir floors, second kitchen in basement, 400 foot garage studio with 200 sf greenhouse, attic skylights, outdoor covered bar, two large grapevines, kiwi vine, fruit trees, two large rasberry patches, bike shed, tool shed. Furnished throughout with vintage and antique furniture, all furnishings come with house. Three refrigerators, gas stove, electric stove, dishwasher, three microwaves. Off street parking for 4 vehicles. Fully fenced yard. Property surveyed, and have architect drawings for second home the size of the existing home (or larger) can be built behind existing home, or lot can be split. Terms: Cash sale preferred, or Seller Financing w/ 30% down. Property as-is. Buyer to perform due diligence and verify all permits and info on file with county.
masonry building 18,200 sf footprint
Meticulous transformation of this 1929 warehouse into an exquisite creative space. Using the owners' creative vision and the talents of a well-known, local design/build firm, this one-of-a-kind office/retail/creative space was created in one of Portland's most desirable inner city neighborhoods . A beautiful blend of old and new. This space will be a perfect owner/user space for a creative or tech company. Many other possibilities as well. Very desirable EXd zoning. Fully updated mechanicals. Fast appreciating and very walkable neighborhood. Contact me for further details.
Great investment opportunity offered at a 6.29% cap! Current rents below market for the area. Seller pays water/sewer and garbage. Low maintenance property with long term tenants. Easy access off of I-84 and short walk to local grocery store and Kirk Park.
$1,650,000Size Upon Req.
Central Eastside Development Land for Sale Price: $1,650,000 ($165 psf) Size: 0.23 Ac. (10,019 sf) Zoning: IG1 - General Industrial 1 (Existing) Exd - Comprehensive Plan Designation - Exd: Central Employment - Design Review Overlay - Exd Zoning Allows for a Wide Array of Uses including Residential - 9:1 FAR Under Exd Zoning - Existing Parking Income
- LEASED Commercial with Extra Land - Keep existing tenant or redevelop - Spin off land or expand - All zoned Neighborhood Commercial (CN2) - Great for exchange
Free Standing building with 2 separate income sources