13116 NE Sandy Blvd, Portland, OR 97230 | MLS 23209818 | Listing Information | Berkshire Hathaway HomeServices Northwest Real Estate | Berkshire Hathaway HomeServices Northwest Real Estate
FOR SALE
$2,749,000  

13116 NE Sandy Blvd
Portland, OR 97230

Business Opportunities
Commercial
17,500
Sq. Ft.
1.38
Acres Lot
Courtesy: Great Western Real Estate Co, [email protected]
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. With ample street frontage and prominent visibility, it presents an attractive investment opportunity. 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
23209818
Business Opportunities, 1 Story
Multnomah
1968
1.38 Acres
1
Block,Brick,Wood
Public Sewer
17,500 Sq. Ft.
Retail
Interior Features
Cooling
None
Heating
Other. None.
Exterior / Lot Features
Parking
72 Parking Spaces. On Site.
Exterior
Wood, Brick, Block
Roof
Flat
Zoning
CM1
Structural Condition
Updated/Remodeled
Financial Considerations
R249874
$34,756
Cash, Conventional
Courtesy: Great Western Real Estate Co, [email protected]
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