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3714 SE Powell Blvd
3,818 SF Retail Building Portland, OR 97202 $900,000 ($236/SF)
Investment Highlights
- Excellent Visibility on Powell Blvd, near Cesar Chavez in Inner SE. New roof 2022.
- New roof 2022
- Open, bright, clean floor plan renovated in 2020.
Executive Summary
Excellent freestanding building on busy SE Powell Blvd. near Caesar Chavez. Previous use was a gym, but the open floor plan and zoning can accommodate a variety of uses. Call owner for more information or to tour. Clean interior. 3% fee to procuring broker.
-Newer roof, cap metal and skylights (2022): Torch-down.
-Illuminated signage
-Divisible in half
-2 ADA Restrooms
-2 Storefronts
-1 Grade Level Roll-Up Door
-Small front yard
-Assembly use permit: High Occupancy
-3 Phase Power. Well distributed.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$91,632
|
$24.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$91,632
|
$24.00
|
| Taxes |
$6,335
|
$1.66
|
| Operating Expenses |
$3,793
|
$0.99
|
| Total Expenses |
$10,128
|
$2.65
|
| Net Operating Income |
$81,504
|
$21.35
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $91,632 |
| Annual Per SF | $24.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $91,632 |
| Annual Per SF | $24.00 |
| Taxes | |
|---|---|
| Annual | $6,335 |
| Annual Per SF | $1.66 |
| Operating Expenses | |
|---|---|
| Annual | $3,793 |
| Annual Per SF | $0.99 |
| Total Expenses | |
|---|---|
| Annual | $10,128 |
| Annual Per SF | $2.65 |
| Net Operating Income | |
|---|---|
| Annual | $81,504 |
| Annual Per SF | $21.35 |
Property Facts
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Signage
- Skylights
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
FOR LEASE OR SALE: CM2 Zoning with Assembly Use Permit -Open Floor plane and zoning accommodates a variety of uses. -Brand new torch down roof and new skylights -Divisible down to 1,500 SF -Illuminated building signage -Excellent exposure on SE Powell Blvd and Cesar Chavez. -2 ADA restrooms -Front courtyard -Ample 3 Phase Power, well distributed -Former Gym space
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500-3,818 SF | Retail | - | Now |
1st Floor
| Size |
| 1,500-3,818 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,500-3,818 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
FOR LEASE OR SALE: CM2 Zoning with Assembly Use Permit -Open Floor plane and zoning accommodates a variety of uses. -Brand new torch down roof and new skylights -Divisible down to 1,500 SF -Illuminated building signage -Excellent exposure on SE Powell Blvd and Cesar Chavez. -2 ADA restrooms -Front courtyard -Ample 3 Phase Power, well distributed -Former Gym space
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R287026 | Total Assessment | $244,360 |
| Land Assessment | $0 | Annual Taxes | $6,335 ($1.66/SF) |
| Improvements Assessment | $0 | Tax Year | 2023 |
PROPERTY TAXES
Presented by
Bango Building, LLC
3714 SE Powell Blvd
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