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Apartments Condo For Sale • 1,315 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 2 | Retail | 1,315 SF | $325,000 USD | |
DescriptionUnit 2 is a 1,315± SF, streel level retail space. Sale NotesThe Dunham Group is pleased to present Unit #2 at 21 Chestnut Street, Portland, a stabilized investment opportunity featuring a long-standing neighborhood retailer. The property is offered at a 10% capitalization rate based on first-year rental income and is secured by a newly executed seven-year lease. Peace Food Market has successfully operated at this location since 2009, demonstrating consistent performance and strong ties to the surrounding community. This offering provides investors with an established tenant and long-term income stability in a desirable Portland location. |
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The Dunham Group is pleased to present Unit #2 at 21 Chestnut Street, Portland, a stabilized investment opportunity featuring a long-standing neighborhood retailer. The property is offered at a 10% capitalization rate based on first-year rental income and is secured by a newly executed seven-year lease. Peace Food Market has successfully operated at this location since 2009, demonstrating consistent performance and strong ties to the surrounding community. This offering provides investors with an established tenant and long-term income stability in a desirable Portland location.
| Adjacent to Portland High School |
| 7-year lease back - 19% IRR |
| Prime Downtown Location in Portland's walkable, urban, easy access to transit |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 5 min | - | 2.1 mi | |
| Airport | Drive | Walk | Distance |
| Portland International Jetport | 10 min | - | 4.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 5 |
| Type: | Surface |
| Included in Rent: | Yes |
Sylas Hatch
The Dunham Group
Sylas Hatch
The Dunham Group
