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1407 SE Cora St
Portland, OR 97202 Brooklyn

$6,934,820 USD

Restaurant For Sale • 2,425 SF

Property Details

Property Type Restaurant
Total Building Size 26,702 SF
Lot Size 0.24 AC
Building Class B
Year Built 2021
Cap Rate 5.35 %
Tenancy Multiple
Zoning CM 1

70 Transit Score

80 Walk Score

                
                    Highlights
                
                                Great SE Portland Neighborhood
                            
                                20 Modern Apartments plus 3 storefront nnn retails spaces facing SE Milwaukie Blvd
                            
                                Open Central Corridor, Underground Parking, upside options for market rent increases and more utility recapture

Property Flyers

1407 SE Cora 23 Unit Use OM Aug 26

Financial Summary (Proforma)

Net Operating Income: $371,013 USD (2027)

Cap Rate:	5.35 %
Total Expenses:	$134,951 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	10 min	-	3.5 mi
Airport	Drive	Walk	Distance
Portland International	25 min	-	13.5 mi

Tod Breslau 503-740-4888 Premiere Property Group

1407 SE Cora St Portland, OR 97202 Brooklyn