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1452 NE Alberta St

2,834 SF 100% Leased Retail Building Portland, OR 97211 $1,475,000 ($520/SF) 5.61% Cap Rate

Mixed Use Properties Oregon Portland 1452 NE Alberta St, Portland, OR 97211

Investment Highlights

  • Great mixed use investment in the Alberta Arts district
  • Apartments share an outdoor deck
  • Long term retail tenant

Executive Summary

This mixed use investment is in the popular Alberta Arts district. The building in located on the corner in this vibrant neighborhood. Long term retail restaurant leases the ground floor. Four residential units upstairs share an outdoor deck. Many improvements over the years.
Price reduced $100,000

Attachments

Alberta Flyer 7.18.2024

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,834 SF
Building Class
B
Year Built/Renovated
1998/2008
Price
$1,475,000
Price Per SF
$520
Cap Rate
5.61%
NOI
$82,688
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.08
Land Acres
0.06 AC
Zoning
CS - Commercial and multifamily
Frontage
68 FT on Alberta St

Amenities

  • Bus Line
  • Signage
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Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Umpqua Bank
Bank of America
Safeway
Starbucks
Little Big Burger
Natural Grocers
U.S. Bank
Whole Foods Market
Chase
New Seasons Market

PROPERTY TAXES

Parcel Number R240221 Improvements Assessment $0
Land Assessment $0 Total Assessment $555,410

PROPERTY TAXES

Parcel Number
R240221
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$555,410
(503) 890-5775

  • Listing ID: 31291169

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 1452 NE Alberta St, Portland, OR 97211

More public record information on 1452 NE Alberta St, Portland, OR 97211

The Retail Property at 1452 NE Alberta St, Portland, OR 97211 is currently available For Sale. Contact Keller Williams Realty Portland Central for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1452 NE Alberta St, Portland, OR for sale Building Photo- Image 1 of 3
Screenshot 2024-04-04 090755
1452 NE Alberta St, Portland, OR for sale Floor Plan- Image 2 of 3
Retail Space Floor Plan

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1452 NE Alberta St
(503) 890-5775 x

1452 NE Alberta St

1/2

Jim Gillespie

(503) 890-5775

(503) 890-5775

Adiam Mehretab

(503) 522-2632

(503) 522-2632

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