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13116 NE Sandy Boulevard

Portland, OR 97230
  • $3,600,000
  • STATUS: Active
  • ON SITE: 292 Days
  • ID#: 2036376
UPDATED: 80 min ago
$3,600,000
  • 0
    BEDS
  • 1.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Great Western Real Estate Co..
Mortgage Calculator is provided by BoomTown.

Description

Great investment opportunity. This attractive, fully leased strip mall has 8 tenants in 2 buildings. The property offers a good upside potential through rent increases,(the current leases are below market) & development of the adj. 2nd lot included in the price. The lot has high visibility & high traffic. It is ideal for a fast food restaurant or a food carts lot. The building has been well maintained. Both lots have 1.73 Ac, with plenty of parking. The property is currently managed by the owner.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-12-05T11:14:25.13. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-12-05T11:14:25.13. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.costelloteam.com/homes/137017424
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13116 NE Sandy Boulevard Portland, OR 97230

  • Price: $3,600,000
  • Status: Active
  • On Site: 292 Days
  • Updated: 80 min ago
  • ID#: 2036376
0
Beds
0
Baths
0
½ Baths
1.73
Acres
1968
Built
Neighborhood:
Oregon
County:
Multnomah
Area:
2000 - Oregon
Property Description
Great investment opportunity. This attractive, fully leased strip mall has 8 tenants in 2 buildings. The property offers a good upside potential through rent increases,(the current leases are below market) & development of the adj. 2nd lot included in the price. The lot has high visibility & high traffic. It is ideal for a fast food restaurant or a food carts lot. The building has been well maintained. Both lots have 1.73 Ac, with plenty of parking. The property is currently managed by the owner.
Exterior Features

Carport YN No Covered Spaces 0 Exterior Features BrickWood Lot Size Dimensions 1.73 acres Open Parking YN No Parking Total 72 Roof Flat Structure Type Retail Style Code 75 - Retail Topography Level

Interior Features

Building Area Total 0 Cooling Other – See Remarks Cooling YN Yes Fireplace YN No Heating Other – See Remarks Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association YN No Cumulative Days On Market 264 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number Lot 1 TL 100 & TL 200 Net Operating Income 175189 Possession Closing Possible Use Commercial Power Company PGE Power Production Type Electric Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City Of Portland Short Term Rental YN No Special Listing Conditions None Tax Annual Amount 36946 Tax Year 2021 Water Company City Of Portland Water Source Public Year Built Effective 1968 Zoning Class Commercial Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-12-05T11:14:25.13. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-12-05T11:14:25.13. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Costello Team | Windermere Real Estate
100 116th Ave SE
Bellevue WA, 98004
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Great Western Real Estate Co..
Mortgage Calculator is provided by BoomTown.