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1001 SE Division St
Portland, OR 97202 Hosford-Abernethy

$3,000,000 USD

General Retail For Sale  •  9,114 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,114 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1900
  • Cap Rate 6.64 %
  • Tenancy Multiple
  • Zoning IG1
68 Transit Score
95 Walk Score

Highlights

Prime SE Location Minutes to Downtown Portland and Freeway Access
Vibrant Local Neighborhood In a Creative Office, Retail and Dining District, Being Near a Strong Demographic Residential Area
Bike and Pedestrian Friendly, Near Mass Transit
High Visibility on Major Arterial with Significant Foot and Auto Traffic
Tall Ceiling Throughout Ground Floors, Finished Concrete Flooring Throughout, Exposed Wood Truss Ceilings, Lots of Natural Light.
Mixed Use Investment / Owner User Opportunity

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $199,296 USD (2023)
Cap Rate: 6.64 %
Total Expenses: $56,330 USD

Major Tenants

Tenant SF Occupied Lease End Date
Akadi 4,350 SF 8/31/2027
Asian Imports 3,556 SF 5/31/2029
Counseling 1,208 SF 10/31/2028

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Roof Terrace
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
8 min - 2.5 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 18 min - 9.7 mi
AirportDriveWalkDistance
Portland International 23 min - 12.5 mi
Bryn Hokkanen 503-546-4534 Melvin Mark Companies
Bryn Hokkanen 503-546-4534 Melvin Mark Companies