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Prime Sellwood Retail Investment 8235 SE 13th Ave

6,377 SF 100% Leased Retail Building Portland, OR 97202 $2,000,000 ($314/SF) 4.89% Cap Rate

Investment Highlights

  • Fully leased to nine tenants with a history of stable occupancy and strong demand
  • Surrounded by a vibrant mix of dining, shopping, and recreational options, drawing consistent foot traffic
  • Established tenant base with historically low vacancy, offering dependable income potential
  • Prime location in Portland’s beloved Sellwood neighborhood, rich with historic charm and modern conveniences
  • Close proximity to major highways, public transit, and Sellwood’s popular retail districts
  • Excellent investment opportunity in a high-demand area with enduring appeal

Executive Summary

This fully leased, multi-tenant property at 8223-8239 SE 13th Avenue presents a rare investment opportunity in the heart of one of Portland’s most iconic neighborhoods. With nine strong tenants and historically low vacancy, this property delivers stable income in a vibrant community setting. Surrounded by a rich mix of dining, shopping, and recreational options, this property offers tenants and visitors easy access to the bustling Sellwood district, known for its historic charm and modern amenities. Located within minutes of major highways and public transit, this well-positioned property captures high demand from both retailers and customers in the area. Whether you’re expanding your portfolio or seeking a stable income-generating asset, this gem in Sellwood is an investment worth considering.

Attachments

Marketing Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,377 SF
Building Class
C
Year Built
1902
Price
$2,000,000
Price Per SF
$314
Cap Rate
4.89%
NOI
$97,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.70
Lot Size
0.21 AC
Zoning
CM1 - CM1- Commercial Mixed Use 1
Frontage
146 FT on 13th Ave

Amenities

  • Bus Line
  • Signage
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Biker's Paradise (99)
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

New Seasons Market
Umpqua Bank
Snap Fitness 24/7
Starbucks
U.S. Bank
Quality Food Centers
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R267177
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$585,180
  • Listing ID: 33843139

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 8235 SE 13th Ave, Portland, OR 97202

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