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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

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Lil' Kickers
Capriotti's Sandwich Shop
Corepower Yoga
Orangetheory Fitness
Keybank
U.S. Bank
Chase
Royal Bank of Canada
Tempo
Silicon Valley Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R150096
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$647,580
  • Listing ID: 33886290

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 721-727 SE Grand Ave, Portland, OR 97214

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