700-708 N Killingsworth St, Portland, OR
Retail condominium with high ceilings and multiple entrances for sale.
- Added:
- Apr 16, 2025
- Days on Market:
- 428
- Last Refresh:
- May 20 at 8:25 pm
Property Features for 700-708 N Killingsworth St
General Information
- Standard status
- Active
- Size
- 5,203 SF
- Lot size
- 0.11 Acres
- Property subtype
- RETAIL
Listing agent Rae Nomura
Listing office SVN Imbrie Realty (503) 208-9400
Listing date Apr 16, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of SVN Imbrie Realty
HighLights
- Owner‑user opportunity in a newly converted condominium building.
- Ability to divide into 2 or 3 spaces with three street front entrances.
- Located across from Portland Community College.
- High 13'8" ceilings.
- HOA includes maintenance for building envelope, roof, water, sewer, garbage, and exterior lighting.
- Two restrooms and a kitchenette.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.7k | $18.00 |
| − Vacancy | −$7.0k | −$1.35 |
| EGI | $86.6k | $16.65 |
| − OpEx | −$26.0k | −$5.00 |
| NOI | $60.6k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.674
- Latitude
- 45.5625