5122 SE Powell Blvd
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5122 SE Powell Blvd
2,473 SF Retail Building Portland, OR 97206 $875,000 ($354/SF) 4.80% Cap Rate
Investment Highlights
- High traffic area
- Long term tenant with flexibility of upcoming lease end
- One level
Executive Summary
Busy corner commercial building that has a liquor store as tenant. Building is well maintained inside and out. Half bath. Newer roof, HVAC and exterior paint. Six parking spaces including one ADA space with access from Powell Blvd and SE 52nd. Bollards installed to keep building safe from car crashes. Last Updated: 7/18/2024 4:23:44 PM
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,473 SF
Building Class
C
Year Built
1953
Price
$875,000
Price Per SF
$354
Cap Rate
4.80%
NOI
$42,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Land Acres
0.15 AC
Zoning
CM2 - Commercial/Mixed Use
Parking
6 Spaces (2.43 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Biker's Paradise (99)
PROPERTY TAXES
Parcel Number | R215090 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $249,380 |
PROPERTY TAXES
Parcel Number
R215090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$249,380
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5122 SE Powell Blvd
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