Historic Mixed-Use Building For
For Sale
Contact for pricing
711-719 SE Grand Ave, Portland, OR
Historic mixed-use building with retail and office space available.
Property Size9,812 SF
Lot Size0.11 Acres
Price / SF$163.07
Days on Market887
Property Features for 711-719 SE Grand Ave
General Information
Standard status
Active
Size
9,812 SF
Lot size
0.11 Acres
Property subtype
OFFICE
Listing Agency:
NAI Elliott
(503) 457-2990
Listed By:
Justin Darling
(503) 457-2990
Source:
Moodyscre
Added: Feb 27, 2024
Changed: Jul 10
Last Checked: Jul 21 at 3:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Elliott
Investment Insights
Based on property information with market context.
This is a historic mixed-use building suitable for an owner/user. It features a central location on the close-in east side. The building offers a mix of private offices, open workspaces, large and small conference rooms, and phone booths. Interior features include hardwood floors, high ceilings, and natural light. The property also includes showers, restrooms, kitchens, and a secure bike room. The ground floor is suitable for retail use due to strong traffic counts. The building has a total size of 9812 square feet.
Key Highlights
- Central, close‑in east side location
- Historic mixed‑use building suitable for owner/user
- Features a mix of private offices, open workspaces, conference rooms, and phone booths
Financial Insights For Mixed Use
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 | $235.5k | $24.00 |
| − Vacancy | −$23.5k | −$2.40 |
| EGI | $211.9k | $21.60 |
| − OpEx | −$79.5k | −$8.10 |
| NOI | $132.5k | $13.50 |
9,812 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.89M
$1.66M – $2.21M
NOI $132,462 @ 7.0% cap · market cap 8.28%
Second Best
Office B
$1.81M
$1.59M – $2.12M
NOI $127,013 @ 7.0% cap · market cap 7.94%
Theoretical Best
Office A
$2.76M
$2.41M – $3.21M
NOI $192,882 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,064
Businesses Nearby
Explore this area
Business Placement
Market
Properties on Market for Mixed-use properties in Portland
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic mixed-use building with retail and office space available.
Where is this mixed-use property located?
The property is located at 711-719 SE Grand Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Central, close‑in east side location; Historic mixed‑use building suitable for owner/user; Features a mix of private offices, open workspaces, conference rooms, and phone booths
