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8220 NE Davis St

0.1 Acres of Commercial Land Offered at $895,000 in Portland, OR 97220

Commercial Land Oregon Portland 8220 NE Davis St, Portland, OR 97220

Executive Summary

A recently opened and growing food cart pod in NE Portland, providing space and amenities to a dozen food carts at an attractive high-traffic location. Food carts represent a range of cuisine, including deserts, snacks, and a drinks cart. There are no competing food carts at the pod, attracting high-value tenants. All tenants are on at least a one-year lease, with most leases being multi-year. Pod has been growing organically, with multiple cart operators opening additional carts at the same pod due to their continued success. Average rent is below the market, presenting an additional income opportunity. Pod operates on land leased with options to extend through 2036.

Attachments

Brochure and Financials

Property Facts

Price $895,000 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Conditions Ground Lease (Leasehold) Proposed Use Retail
No. Lots 1 Total Lot Size 0.10 AC
Price $895,000
Sale Type Investment
Sale Conditions Ground Lease (Leasehold)
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 0.10 AC

1 Lot Available

Lot

Price $895,000 Lot Size 0.10 AC
Price Per AC $8,950,000
Price $895,000
Price Per AC $8,950,000
Lot Size 0.10 AC

This is the sale of a ground lease (Leasehold) not the trucks on the property. See attached brochure for more details about the financials.

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Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
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measures access to public transit. Bike Score®
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PROPERTY TAXES

Parcel Number R284754 Improvements Assessment $0
Land Assessment $0 Total Assessment $108,750

PROPERTY TAXES

Parcel Number
R284754
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$108,750

zoning

Zoning Code CG
CG
(503) 746-1890

Contact

  • Listing ID: 33924645

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 8220 NE Davis St, Portland, OR 97220

More public record information on 8220 NE Davis St, Portland, OR 97220

The Land Property at 8220 NE Davis St, Portland, OR 97220 is currently available for sale. Contact Aginsky Capital Group for more information.

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8220 NE Davis St
(503) 746-1890 x

8220 NE Davis St

Aleksa Belic

(503) 746-1890

(503) 746-1890

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