Standalone Retail and Office
5700 SE FOSTER Rd Unit 5700 Portland, OR 97206
5700 SE FOSTER Rd Unit 5700, Portland, OR, 97206
$639,000
For Sale
$639,000
Standalone commercial building features a showroom with tall ceilings, private office, and rear double freight doors.
Property Size3,167 SF
Price / SF$201.77
Days on Market1240
Property Features for 5700 SE FOSTER Rd Unit 5700
General Information
- Standard status
- Active
- Size
- 3,167 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1949
Listing agency
Berkshire Hathaway HomeServices NW Real Estate
(503) 784-6586
Listed by
John McClay
(503) 784-6586
Source
Xome
Added: Feb 28, 2023 Updated: Jul 22 at 12:24AM Checked: Jul 22 at 12:24AM
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 Berkshire Hathaway HomeServices NW Real Estate
Investment Insights
Based on property information with market context.
Standalone commercial building with approximately 3,167 SF of interior space. The front portion is set up as a showroom with tall, 12-foot ceilings and expansive storefront windows. A built-in cashier/checkout stand supports retail or service use, along with a private office for administrative or consulting needs. The rear section provides additional workspace for production, storage, or future buildout and includes rear double freight-style doors with street-grade entry into the shop.
The property is positioned directly along SE Foster Road with strong visibility on a well-traveled corridor, supported by estimated daily traffic of approximately 19,000 vehicles. On-street parking is available in front of the building for customer and client access.
Recent improvements include updated windows and new rear doors, along with an upgraded security system. CE zoning supports a broad mix of business types, providing flexibility for future operators or investors.
The property is positioned directly along SE Foster Road with strong visibility on a well-traveled corridor, supported by estimated daily traffic of approximately 19,000 vehicles. On-street parking is available in front of the building for customer and client access.
Recent improvements include updated windows and new rear doors, along with an upgraded security system. CE zoning supports a broad mix of business types, providing flexibility for future operators or investors.
Key Highlights
- Standalone 3,167 SF commercial building on SE Foster Road with strong frontage and on‑street parking
- Showroom features 12‑foot ceilings and expansive/tall storefront windows for natural light
- Private office plus rear workspace for production or storage, with street‑grade entry to the shop
Local Financial Insights For Office B
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 | $72.2k | $22.80 |
| − Vacancy | −$17.5k | −$5.54 |
| EGI | $54.7k | $17.26 |
| − OpEx | −$13.7k | −$4.31 |
| NOI | $41.0k | $12.94 |
3,167 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$585.7K
$512.5K – $683.3K
NOI $40,996 @ 7.0% cap · market cap 6.42%
Second Best
Retail
$521.6K
$456.4K – $608.5K
NOI $36,512 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$889.4K
$778.2K – $1.04M
NOI $62,256 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Artistic Taxidermy Studio
Taxidermist
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Standalone commercial building features a showroom with tall ceilings, private office, and rear double freight doors.
Where is this retail space located?
The property is located at 5700 SE FOSTER Rd Unit 5700 Portland, OR.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Standalone 3,167 SF commercial building on SE Foster Road with strong frontage and on‑street parking; Showroom features 12‑foot ceilings and expansive/tall storefront windows for natural light; Private office plus rear workspace for production or storage, with street‑grade entry to the shop
