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Senior Living and Office Building
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6040 SE Belmont St, Portland, OR 97215

131,640 SF building on 3.77 acres with a national senior living tenant and office tenants.

Property Size131,640 SF
Lot Size3.77 Acres
Days on Market136

Property Features for 6040 SE Belmont St

General Information

Standard status Active
Size 131,640 SF
Lot size 3.77 Acres
Property subtype Multifamily, Office, Senior Living
Zoning RM1
Occupancy 84%

Building Details

Tenancy Multi
Listing Agency: Capacity Commercial Group
Listed By: Jeff Valdes · License #OR 910700169
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 6:54PM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This sale includes a 131,640 SF building supporting both senior living and office uses, anchored by a national senior living tenant alongside office tenants. The property is currently 84.35% occupied and generated $640,406 in 2022 NOI.

The total site is 3.77 acres and includes excess land through two parcels: a 124,580 SF main building parcel and a 39,780 SF parking lot/excess land parcel.

Zoning is RM1, supporting the property’s existing mixed senior living and office configuration and potential redevelopment considerations within the allowable district.

Key Highlights

  • 131,640 SF building on a 3.77‑acre site in Mt. Tabor
  • Sale includes excess land parcel totaling 164,360 SF: 124,580 SF main building parcel plus 39,780 SF parking lot/excess land
  • Leased mix includes a national senior living tenant plus office tenants

Property Analytics

Current Use

Erika Sigrist Alternative Medicine Practice Marquis Mt. Tabor Rehabilitation Center Bridget A. Mccarthy, OT Physician Jessica L. Gonzales, ... Physician Vladislav L. Polevoy, ... Physician

Suggested Use

Top Pick Law Firm Computer & Electronic Repair HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

84.4%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97215, OR

18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
Median Home Value

Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Courtyard at Mount Tabor 6125 SE Division St, Portland, OR 97206

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - 131,640 SF building on 3.77 acres with a national senior living tenant and office tenants.
Where is this senior housing / retirement home located?
The property is located at 6040 SE Belmont St Portland, OR.
What are key features of this property?
This property features: 131,640 SF building on a 3.77‑acre site in Mt. Tabor; Sale includes excess land parcel totaling 164,360 SF: 124,580 SF main building parcel plus 39,780 SF parking lot/excess land; Leased mix includes a national senior living tenant plus office tenants
(503) 222-2655 Call to check price and availability
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