Bought with Oregon First
$4,700,000
$4,895,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
18,603 SqFt
SOLD DATE : 01/02/2026
Key Details
Sold Price $4,700,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 18,603 sqft
Price per Sqft $252
MLS Listing ID 628580584
Sold Date 01/02/26
Year Built 2007
Annual Tax Amount $41,191
Tax Year 2024
Lot Size 0.750 Acres
Property Sub-Type Commercial
Property Description
Prime Investment Opportunity for retail Shopping Center – (Adjacent Gas Station & Convenience Store is separately available, MLS# ).Unmatched investment potential! This is a rare opportunity to own a high-traffic, totally passive income investment, in a prime Portland location!This shopping center needs nothing, but someone to collect its rents and enjoy the profits. Why Invest?* High-Traffic Location – Situated on a busy intersection with excellent visibility and consistent customer flow.* Passive Revenue Stream – 100% Leased, truly passive with annual rent increases.* Purchase Options – Buy the shopping center separately or add the gas station for a premium investment package.* Value-Add Potential – opportunity to convert to NNN.This is a golden opportunity for investors, developers, and business owners looking to diversify their portfolio with a mix of retail and real estate assets.Please do not disturb tenants. Owner is FULL absentee.
Location
State OR
County Multnomah
Area _143
Zoning CM2
Interior
Heating Forced Air
Cooling Central Air
Equipment Sprinkler
Exterior
Roof Type Flat
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing CallListingAgent, Cash
Listing Terms CallListingAgent, Cash
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