Retail Property with Upside Potential

4509-4511 SE Cesar E Chavez Blvd Portland, OR

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For Sale
Contact for pricing

Retail property with existing revenue and proforma upside.

Type:RETAIL
Property size:
3,760 SF
Lot size:
0.32 Acres
Price / SF:
$531/SF
Added:
Aug 5, 2025
Days on Market:
340
Last Refresh:
May 20 at 9:59 pm

Property Features for 4509-4511 SE Cesar E Chavez Blvd

General Information

Standard status
Active
Size
3,760 SF
Lot size
0.32 Acres
Property subtype
RETAIL

Listing office Tradition Real Estate Partners

Listing date Aug 5, 2025

Source Moodyscre

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 Tradition Real Estate Partners


Investment Insights

Based on property information with market context.

This retail property, constructed in 1958, offers 3,778 square feet of space on a 0.315-acre corner lot. Currently 50% occupied, the property generates an in-place revenue of $120,000 per year. Proforma revenue indicates a potential upside of $40,000, resulting in a proforma net operating income (NOI) of $144,000 and a proforma capitalization rate of 7.2%.

Key Highlights

  • Proforma Cap Rate of 7.2%
  • Proforma NOI of $144,000
  • Proforma Revenue Upside of $40,000/year

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Parking Lot & Garage Dental Office Real Estate Agency HVAC Service Food Market Accounting Firm (Bike/Boat/Book/etc) Store Electrical Service Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Retail property with existing revenue and proforma upside.
Where is this retail space located?
The property is located at 4509-4511 SE Cesar E Chavez Blvd Portland, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Proforma Cap Rate of 7.2%; Proforma NOI of $144,000; **Proforma Revenue Upside of $40,000/year**
Contact an agent
(503) 877-4653 Call to check price and availability
More about this property
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