Mixed-Use Property in Alberta
For Sale
Contact for pricing
Pending
1458 NE Alberta St, Portland, OR 97211
Mixed-use property in the Alberta Arts district with retail and residential.
Property Size2,834 SF
Days on Market909
Property Features for 1458 NE Alberta St
General Information
Standard status
Pending
Size
2,834 SF
Class
B
Property subtype
Mixed Use, Multifamily, Retail
Zoning
CM2
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$68,631
Building Details
Year Built
1998
Year Renovated
2008
Buildings
1
Stories
2
Units
5
Tenancy
Multi
Listing Agency:
Keller Williams Portland Central
Listed By:
James Gillespie · License #OR 900800253
(503) 496-5151
Source:
Crexi
Added: Mar 11, 2024
Changed: Aug 19
Last Checked: Sep 2 at 2:12AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,566
Businesses Nearby
Explore this area
Business Placement
Demographics for 97211, OR
33,762
Population
15,106
Households
2.2
Avg Household Size
38
Median Age
56%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,755
Density / Sq Mi
$109,604
Median Household Income
$59,171
Median Earnings
$1,818
Median Rent
$616,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
