Mixed-Use Retail and
For Sale
Contact for pricing
8628 SE 17th Ave, Portland, OR 97202
Two-building mixed-use property includes industrial-style apartments plus three ground-floor retail suites.
Property SizeContact for details
Days on Market121
Property Features for 8628 SE 17th Ave
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Multifamily Units
4
Building Details
Year Renovated
2015
Listing Agency:
Northmarq
(503) 998-6572
Listed By:
Kevin Adatto · License #WA 85667
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 8:29PM
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 Northmarq
Investment Insights
Based on property information with market context.
This offering consists of two buildings on one parcel featuring a mix of residential and retail components. The first building is described as 2017 construction and contains four industrial-style apartment units, which have been occupied since inception. The same property includes three ground-floor retail suites, with two of the suites previously impacted due to Covid and more recently seeing some leasing activity.
The second building was completely renovated in 2015 and is currently 100% occupied by Uno Dos Tres, a bilingual preschool and childcare operator. The tenant began the lease in 2015 for the entire building and expanded its floor plan to a ground-floor suite in 2017 on a long-term lease, with over nine years remaining on the firm lease term.
The configuration provides an owner a combination of residential income from the industrial-style apartment units and retail income from the ground-floor suites, alongside a fully occupied preschool and childcare building.
The second building was completely renovated in 2015 and is currently 100% occupied by Uno Dos Tres, a bilingual preschool and childcare operator. The tenant began the lease in 2015 for the entire building and expanded its floor plan to a ground-floor suite in 2017 on a long-term lease, with over nine years remaining on the firm lease term.
The configuration provides an owner a combination of residential income from the industrial-style apartment units and retail income from the ground-floor suites, alongside a fully occupied preschool and childcare building.
Key Highlights
- Two‑building mixed‑use property on one parcel in Portland, Oregon
- First building includes four industrial‑style apartment units constructed in 2017, occupied since inception
- Includes three ground‑floor retail suites; two were impacted by Covid and have recently seen some leasing activity
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 97202, OR
43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-building mixed-use property includes industrial-style apartments plus three ground-floor retail suites.
Where is this mixed-use property located?
The property is located at 8628 SE 17th Ave Portland, OR.
What are key features of this property?
This property features: Two‑building mixed‑use property on one parcel in Portland, Oregon; First building includes four industrial‑style apartment units constructed in 2017, occupied since inception; Includes three ground‑floor retail suites; two were impacted by Covid and have recently seen some leasing activity
