Two-Lot Storefront
2001 East Burnside Street, Portland, OR 97214
For Sale
Contact for pricing
The property is located on East Burnside Street in Portland.
Property Size9,270 SF
Price / SF$204.96
Days on Market43
Property Features for 2001 East Burnside Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Capacity Commercial Group
Listed By:
Jason VanAbrams · License OR #201226633
(503) 314-1099
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 10 at 8:58AM
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
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Investment Insights
Based on property information with market context.
This storefront property contains approximately 9,270 square feet and occupies two lots. It is located at 2001 East Burnside Street in Portland, Oregon.
Key Highlights
- Approximately 9,270 SF of storefront space
- Property encompasses two lots
- 2001 East Burnside Street address in Portland, OR
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,042
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,160,840
$2.2M
Cap Rate 7%
$1,543,457
$1.5M
Cap Rate 9%
$1,200,467
$1.2M
Market Conditions
NOI Build-Up for 9,270 SF
Gross rent
$166.9K $18.00/SF
− Vacancy
−$12.5K −$1.35/SF
EGI
$154.3K $16.65/SF
− OpEx
−$46.3K −$5.00/SF
NOI
$108.0K $11.66/SF
Area
Portland, OR
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,160,840
Cap Rate 7%
$1,543,457
Cap Rate 9%
$1,200,467
Alternative Uses
Best Use
Retail
$1.54M
$1.35M – $1.80M
NOI $108,042 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.60M
$2.28M – $3.04M
NOI $182,227 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,757
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97214, OR
28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Portland, OR
Properties on Market for Storefront properties in Portland
Vacancy Rate% for Retail in Portland, OR
Similar Off Market Nearby
- knot & fern — 911 SE Salmon St, Portland, OR 97214, United States
- The Angry Florist — 401B NE 28th Ave, Portland, OR 97232
Frequently Asked Questions
What type of property is this?
Storefront property - The property is located on East Burnside Street in Portland.
Where is this storefront property located?
The property is located at 2001 East Burnside Street Portland, OR.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approximately 9,270 SF of storefront space; Property encompasses two lots; 2001 East Burnside Street address in Portland, OR
