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    Retail Space on Ankeny Street Title is generated by Realmo AI

    1912-1918 SE Ankeny St, Portland, OR 97214

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    For Sale
    $625,000

    Retail property with 4572 square feet of space.

    Type:Retail
    Property size:
    4,572 SF
    Price / SF:
    $136/SF
    Added:
    Mar 8, 2026
    Days on Market:
    101
    Last Refresh:
    Mar 8 at 3:42 am

    Property Features for 1912-1918 SE Ankeny St

    General Information

    Standard status
    Active
    Size
    4,572 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1898

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    Listing Contact
    Grant Guernsey
    Grant Guernsey

    Listing agent Grant Guernsey License #201230551

    Listing office Kidder Mathews - Portland

    Listing date Mar 8, 2026

    Source Kidder

    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 Kidder Mathews - Portland

    HighLights

    • 4572 square feet of retail space.
    • Retail property.
    • Built in 1898.

    Overview

    This commercial real estate property features 4572 square feet of retail space. Located on SE Ankeny Street in Portland, Oregon, the property is suitable for retail use.

    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 $82.3k $18.00
    − Vacancy −$6.2k −$1.35
    EGI $76.1k $16.65
    − OpEx −$22.8k −$5.00
    NOI $53.3k $11.66
    4,572 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $761.2K
    $666.1K – $888.1K (±1% cap)
    NOI $53,287 @ 7.0% cap · market cap 8.53%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.28M
    $1.12M – $1.50M (±1% cap)
    NOI $89,875 @ 7.0% cap · market cap 14.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage Center Nail Salon Building Supply Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6461033
    Latitude
    45.5219776

    FAQs

    What type of property is this?
    Retail space - Retail property with 4572 square feet of space.
    Where is this retail space located?
    The property is located at 1912-1918 SE Ankeny St Portland, OR.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 4572 square feet of retail space.; Retail property.; Built in 1898.
    More about this property
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