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Listed by RE/MAX Equity Group
$ 690,000
Est. payment | /mo
2,846 SqFt
$ 690,000
Est. payment | /mo
2,846 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,846 sqft
Price per Sqft $242
MLS Listing ID 500888665
Year Built 1925
Annual Tax Amount $3,203
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type Commercial
Property Description
Rare opportunity to buy an investment property in prime location. It is located in a busy corner of SE 20th and Stark street. The lease is 5 years and two 5 year options with NNN. Busy grocery store is occupying the premises. It has 6 parking on the premises and has street parking too.The parking is more than enought. Most customers don't drive. The current rent is $3,300 and the rent goes up by 2% a year.The building is 2,846 SF: the main level is about 1,846 SF and has about 1,000 SF of basement which has 2 bedrooms and 1 bath.It can't be rented because it doesn't have legal sized egress, ingress windows.
Location
State OR
County Multnomah
Area _143
Zoning CM1
Interior
Heating Forced Air
Exterior
Roof Type Flat
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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