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Listed by Coldwell Banker Bain • 541-382-4123
$ 4,000,000
Est. payment | /mo
6,498 SqFt
$ 4,000,000
Est. payment | /mo
6,498 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,498 sqft
Price per Sqft $615
MLS Listing ID 24122183
Year Built 1953
Annual Tax Amount $32,286
Tax Year 2024
Property Description
Income or redevelopment investment property with over 200 feet of frontage. High traffic count, visibility in the heart of PSU and national brands. 3 NNN leased units. CX - Central Commercial in Opportunity Zone. Family owned AAA commercial investment property since 1953. The property is conveniently located on NE corner of SW Hall St and SW 6th Ave in Portland Oregon. Portland State University has over 28,000 students, 6000 professors, managers, and administrative staff. This investment property benefits from walking traffic to and from the various colleges, University Center and a multi-level student parking garage across street. The 6500 sq. ft. building includes valuable on-site management parking. There is currently a restaurant, boutique coffee shop, and a print shop that serve the University population. Excellent 1031 Exchange for income. Do not disturb businesses. Call or email listing broker for details.
Location
State OR
County Multnomah
Area _148
Zoning CX
Interior
Heating Forced Air
Cooling Central Air
Equipment SmokeDetector
Exterior
View City, Territorial
Roof Type Flat
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
