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Mixed-Use Property with Warehouse Space

1200 1218 N KILLINGSWORTH Portland, OR 97217

Claim this Listing
For Sale
$899,000

Commercial property featuring storefronts, restaurant, and warehouse space.

Type:Commercial
Property size:
5,982 SF
Price / SF:
$150/SF
Added:
May 15, 2026
Days on Market:
59
Last Refresh:
Jul 4 at 8:14 am

Property Features for 1200 1218 N KILLINGSWORTH

General Information

Standard status
Active
Size
5,982 SF
Property subtype
Commercial

Building Details

Year Built
1927

Listing office JOHN L. SCOTT REAL ESTATE GRANTS PASS

Listing date May 15, 2026

Source Corcoran

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 JOHN L. SCOTT REAL ESTATE GRANTS PASS


Investment Insights

Based on property information with market context.

This commercial property offers a versatile space with six storefront units, including a restaurant. The property also features a large warehouse space. It is zoned CM3 (Commercial/Mixed Use 3), which allows for a wide range and mix of commercial and residential uses. The zoning generally allows for up to six stories. The property size is 5,982 square feet.

Key Highlights

  • Six storefront units, including a restaurant, providing immediate rental income potential.
  • CM3 (Commercial/Mixed Use 3) zoning allows for a wide range of commercial and residential uses.
  • Large warehouse space offers flexibility for storage, distribution, or conversion.

Local 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 $143.6k $24.00
− Vacancy −$14.4k −$2.40
EGI $129.2k $21.60
− OpEx −$48.5k −$8.10
NOI $80.8k $13.50
5,982 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,757 @ 7.0% cap · market cap 8.98%
Second Best
Specialty Retail
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,542 @ 7.0% cap · market cap 8.96%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,593 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm HVAC Service Electrical Service Auto Parts Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Nursing Home Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Commercial property featuring storefronts, restaurant, and warehouse space.
Where is this mixed-use property located?
The property is located at 1200 1218 N KILLINGSWORTH Portland, OR.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Six storefront units, including a restaurant, providing immediate rental income potential.; CM3 (Commercial/Mixed Use 3) zoning allows for a wide range of commercial and residential uses.; Large warehouse space offers flexibility for storage, distribution, or conversion.
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