Former Starbucks | 1633 NE Cesar E Chavez Blvd
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Former Starbucks 1633 NE Cesar E Chavez Blvd
1,350 SF Retail Building Portland, OR 97232 $1,375,000 ($1,019/SF)
Investment Highlights
- Building Fronts THREE Main Streets w/ Combined 48,000+- VPD
- Ingress/Egress NE Sandy Blvd & Broadway St
- Hard to Find or Develop, Company Branding Opportunity
- Standalone Building w/ 13 Off-street Spaces
- Significant Existing Tenant Plumbing & Electrical
- New TPO Roof and Parking Lot Sealcoating in 2022
Executive Summary
Premiere standalone retail building with 10:1K off street parking in Hollywood NE Portland location. Storefront windows wrap around the combined 48,000+- VPD from being on the point with surrounding three streets and two signalized intersections. Ingress/Egress on both NE Sandy Blvd and NE Broadway Street. Former Starbucks since 2001. New TPO Roof/flashing and Parking Lot sealcoat/striping in 2022. Plumbing: Three Floor Sinks and two bathrooms. Plumbing for: three front of house wall sinks, H/C/C supplies. Back of house: Three compartment sink, floor mop sink, hand sink and 2023 water heater. Electrical Panels A & B include service to five 240V 30A & 50A outlets, abundant other 120V outlets and retail lighting. Convenient Access from I-84 via Westbound and Eastbound Exits 2. Hard to find or develop, company branding opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,350 SF
Building Class
C
Year Built
1967
Price
$1,375,000
Price Per SF
$1,019
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.19 AC
Zoning
C2S, Portland - Commercial
Parking
13 Spaces (9.63 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Accent Lighting
- Air Conditioning
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (98)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R262782 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $469,680 |
PROPERTY TAXES
Parcel Number
R262782
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$469,680
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Presented by
Pacific Real Estate Investments, LLC
Former Starbucks | 1633 NE Cesar E Chavez Blvd
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