For Sale $2,000,000
Property Type Retail - Street Retail
Property Size 3,760 SF
Lot Size 0.32 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Date Updated Sep 16, 2024

Located on the SW corner of Caesar Chavez Blvd & SE Holgate.Oregon Bud Company is the current tenant occupying approx. 1/2 of the building. The other 1/2 is currently vacant and office tenant ready. The Oregon Bud Company is the Seller and is willing to stay in place with guaranteed rents for the investment buyer or vacate with adequate notice for an owner user buyer. The flexible CM1 Zone allows for multiple uses to occupy either the entire building or the remaining 50% with uses such as Medical, Daycare, Religious and Schools.

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Highlights

Sale Price $2,000,000
50% Occupied
In Place Revenue - $120,000/yr
Proforma Revenue - $40,000 Upside
Proforma NOI - $144,000
Proforma Cap - $7.2%
3,778SF
.315 Acre Lot
Corner Lot
Built 1958

Contacts

Rich Karlson

Tradition Real Estate Partners

Location

Getting Around

Walk Score ®
80/100 Very Walkable
Transit Score ®
50/100 Good Transit
Bike Score ®
87/100 Very Bikeable

City Portland, OR
Neighborhood Creston - Kenilworth
Zip Code 97202
Market Portland

Points of Interest

Southeast Water/OMSI

2.27 miles
Southeast Grand & Mill

2.27 miles
Oaks Park

2.28 miles
Southeast Martin Luther King & Mill

2.31 miles
South Bond & Lane

2.37 miles
South Lowell & Bond

2.38 miles
Southeast Grand & Hawthorne

2.39 miles
OHSU Commons

2.40 miles
Bancroft Street

2.41 miles
South Waterfront

2.42 miles

Astro

0.18 miles
Blink

0.74 miles
Shell

0.75 miles
Pacific Pride

0.84 miles
Shell

0.84 miles
76

0.94 miles
Chevron

1.04 miles
Space Age

1.24 miles
Mobil

1.28 miles
Space Age

1.44 miles

North Parking

0.66 miles
East Parking

0.77 miles
West Parking

0.92 miles
East Lot

1.20 miles
South Lot

1.28 miles
North Lot

1.30 miles
Oaks Bottom Trail Head

1.38 miles
Kern Park Christian Church

1.47 miles
Fraternal Order of Eagles #3256

1.53 miles
Red's parking lot

1.57 miles

Nostrana

0.09 miles
Hapa PDX Ramen & Whiskey

0.16 miles
Gladstone Street Pizza

0.18 miles
Chipotle

0.43 miles
Powell Food Cart Pod

0.43 miles
Tecos

0.47 miles
DeNicola's

0.49 miles
Ho Ho

0.51 miles
Pho Hung

0.63 miles
Thai BBQ

0.65 miles

Trader Joe's

0.15 miles
Safeway

0.42 miles
Natural Grocers

0.50 miles
Target

0.72 miles
Bi-Mart

0.77 miles
Safeway

0.82 miles
New Seasons Market

0.89 miles
Green Zebra Grocery

1.13 miles
Bread & Roses Market

1.24 miles
People's Food Co-op

1.28 miles

Frequently Asked Questions

How much does FOR SALE: PRIME CANNABIS PROPERTY cost?

The space currently listed for sale at FOR SALE: PRIME CANNABIS PROPERTY asks for $2,000,000.

What is the total square footage of FOR SALE: PRIME CANNABIS PROPERTY?

FOR SALE: PRIME CANNABIS PROPERTY totals 3,760 square feet.

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