5902 SE Foster Rd
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5902 SE Foster Rd
7,124 SF Retail Building Portland, OR 97206 $4,999,950 ($701.85/SF)
EXECUTIVE SUMMARY
Nestled in the vibrant heart of the Foster-Powell neighborhood, this exceptional mixed-use property offers a rare blend of commercial and residential opportunities. The ground floor is home to a bustling restaurant and bar, complete with a state-of-the-art professional kitchen and an engaging lottery area, perfect for patrons seeking both fine dining and entertainment.
Above, discover five distinct apartments, each offering a unique living space ranging from 600 to 800 square feet. These units provide comfortable urban living with the convenience of location and the charm of neighborhood life.
Further enhancing this property's appeal is a spacious commercial garage, currently serving as a thriving mechanic shop. This versatile space boasts three bays, each equipped with a lift and impressive 20-foot ceilings, ideal for a variety of commercial ventures.
Located in one of the city's most sought-after areas, this property is not just a building but a community hub, offering a multifaceted opportunity for the astute investor or entrepreneur. Don't miss out on this unparalleled opportunity to own a piece of Portland's dynamic Foster-Powell neighborhood.
Above, discover five distinct apartments, each offering a unique living space ranging from 600 to 800 square feet. These units provide comfortable urban living with the convenience of location and the charm of neighborhood life.
Further enhancing this property's appeal is a spacious commercial garage, currently serving as a thriving mechanic shop. This versatile space boasts three bays, each equipped with a lift and impressive 20-foot ceilings, ideal for a variety of commercial ventures.
Located in one of the city's most sought-after areas, this property is not just a building but a community hub, offering a multifaceted opportunity for the astute investor or entrepreneur. Don't miss out on this unparalleled opportunity to own a piece of Portland's dynamic Foster-Powell neighborhood.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,124 SF
Building Class
B
Year Built
2003
Price
$4,999,950
Price Per SF
$701.85
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.34 AC
Zoning
CE
Parking
12 Spaces (1.68 Spaces per 1,000 SF Leased)
Frontage
132’ on Foster Rd
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R132675 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $659,550 |
PROPERTY TAXES
Parcel Number
R132675
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$659,550
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Andrews & Company
5902 SE Foster Rd
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