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About the Listing GWRE01 - MANNCORN
OPPORTUNITY FOR EXPANSION:A framed and roofed 350 sq. ft. storage room can be converted into RENTABLE SPACE. This property is available for sale only in conjunction with the neighboring corner lot, and both transactions will occur simultaneously. The property is an owner-managed income property, consisting of a well-maintained strip mall with 8 tenants across 2 buildings, all of whom are currently fully leased. There is significant potential for increased returns through raising rents, as the current lease rates are below market value. Situated on a highly visible location along a bustling arterial street, just minutes away from Costco, this property boasts excellent accessibility via Sandy Blvd and NE 131st Ave. This property also offers a favorable return on investment and has the potential for increased income through additional investment, such as expanding into the adjacent vacant lot. The strip mall features a diverse mix of tenants, impressive curb appeal, and ample parking, making it a compelling investment option.
Listing Highlights
Status
Pending
Days on Site
136
Property Type
Commercial Sale
MLS ®
282147045
Year Built
1968
Total Square Footage
17,500
Lot/Acreage
1.38
County
Multnomah
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 72
- Zoning: CM1
- Roof: Flat
- Others: Approximately
- Sewer: Public Sewer
- Parking Features: On Site
Financial Details
- Tax Amount: $36,242
- Taxes w/Assessments: N/A
- Tax/Property ID: R249874
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
13116 NE Sandy Blvd Portland, OR 97230
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