1458 NE Alberta St Portland, OR 97211
Mixed-use property in the Alberta Arts district with retail and residential.
Type:Mixed Use, Multifamily, Retail
Property size:
2,834 SFPrice / SF:
$555/SF- Added:
- Mar 11, 2024
- Days on Market:
- 773
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 1458 NE Alberta St
General Information
- Standard status
- Active
- Size
- 2,834 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1998
Listing agent James Gillespie License #OR 900800253
Listing office Keller Williams Portland Central
Listing date Mar 11, 2024
Source Crexi
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 Keller Williams Portland Central
Overview
Mixed-Use Property in Alberta Arts
This mixed-use investment property is located in the Alberta Arts district, well-situated in the heart of retail, service, and other mixed-use properties. Constructed in 1998 and upgraded in 2008, the corner lot provides an advantage. The ground floor is occupied by two retail tenants: Gabetas Restaurant & Bar, which recently signed a new five-year lease, and Mister OK’s Essentials. The retail tenants operate under NNN leases, covering 66% of the property taxes, insurance, and repairs. The upper floor houses three residential tenants, with one tenant residing there since 2014 and another since 2018. The property size is 2834 square feet. The interior and exterior of the investment are in very good condition.
Location Intelligence
Current Use by Public Records
Mister OK's Essentials
Home Decor Store
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6504952
- Latitude
- 45.5589436
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in the Alberta Arts district with retail and residential.
Where is this mixed-use property located?
The property is located at 1458 NE Alberta St Portland, OR.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Prime location in the Alberta Arts district, a high‑traffic area.; Stable income from established tenants, including Gabetas Restaurant & Bar with a new five‑year lease.; Favorable NNN leases with retail tenants covering a significant portion (66%) of taxes, insurance, and repairs.
