721-727 SE Grand Ave
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721-727 SE Grand Ave
6,000 SF Retail Building Portland, OR 97214 $2,100,000 ($350/SF) 7.30% Cap Rate
Executive Summary
The propertiy is well positioned in Southeast Portland at the
entrance to the Hawthorne Bridge and Interstate 5 on ramp.
The property is surrounded by numerous large apartment
buildings long with the Goat Blocks developments and
entrance to the Hawthorne Bridge and Interstate 5 on ramp.
The property is surrounded by numerous large apartment
buildings long with the Goat Blocks developments and
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,000 SF
Building Class
C
Year Built
1896
Price
$2,100,000
Price Per SF
$350
Cap Rate
7.30%
NOI
$153,300
Tenancy
Single
Building Height
2 Stories
Slab To Slab
14’
Building FAR
1.25
Land Acres
0.11 AC
Opportunity Zone
Yes
Zoning
EX - Central Employment
Frontage
56 FT on Grand Ave
Amenities
- Bus Line
- Metro/Subway
- Signage
- Signalized Intersection
Walk Score ®
Very Walkable (85)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R150096 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $647,580 |
PROPERTY TAXES
Parcel Number
R150096
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$647,580
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721-727 SE Grand Ave
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