Mixed-Use Retail
6504 SE FOSTER RD Portland, OR 97206
For Sale
Contact for pricing
For sale mixed-use retail asset totaling 6,796 SF, offering flexible space within a single property.
Property Size10,196 SF
Price / SF$156.92
Days on Market57
Property Features for 6504 SE FOSTER RD
General Information
- Standard status
- Active
- Size
- 10,196 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1910
Listing Agency:
Trident Real Estate Solutions
(503) 722-9587
Listed By:
Sandra McLeod · License #200108207
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 23 at 1:03PM
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 Trident Real Estate Solutions
Investment Insights
Based on property information with market context.
This mixed-use retail building is offered for sale and totals 6,796 SF, with the property size listed as 10,196 SF. The offering is structured as a retail-oriented storefront property with mixed-use components under one ownership.
The building is located at 6504 SE Foster Rd in Portland, Oregon. The property is identified in the public remarks as a mixed-use asset, with the most recent listing date shown as 10/11/2024.
For buyers and investors seeking a retail-forward property with mixed-use characteristics, this presents a single building to review and evaluate. The clear retail and mixed-use designation can support a variety of tenant or ownership objectives, depending on how the internal spaces are configured and leased. Interested parties should review the property details and available information to confirm current layout and suitability for their intended retail and mixed-use plans.
The building is located at 6504 SE Foster Rd in Portland, Oregon. The property is identified in the public remarks as a mixed-use asset, with the most recent listing date shown as 10/11/2024.
For buyers and investors seeking a retail-forward property with mixed-use characteristics, this presents a single building to review and evaluate. The clear retail and mixed-use designation can support a variety of tenant or ownership objectives, depending on how the internal spaces are configured and leased. Interested parties should review the property details and available information to confirm current layout and suitability for their intended retail and mixed-use plans.
Key Highlights
- Mixed‑use property for sale totaling 6,796 SF
- Built in 1910
- Listing remarks dated 10/11/2024
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $183.5k | $18.00 |
| − Vacancy | −$15.6k | −$1.53 |
| EGI | $167.9k | $16.47 |
| − OpEx | −$50.4k | −$4.94 |
| NOI | $117.5k | $11.53 |
10,196 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.96M
NOI $117,550 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M
NOI $200,430 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pieper Cafe
Cafe & Coffee Shop
Similar Off Market Nearby
- Kern Park Flower Shoppe — 6713 SE Holgate Blvd, Portland, OR 97206
FAQs
What type of property is this?
Storefront property - For sale mixed-use retail asset totaling 6,796 SF, offering flexible space within a single property.
Where is this storefront property located?
The property is located at 6504 SE FOSTER RD Portland, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Mixed‑use property for sale totaling 6,796 SF; Built in 1910; Listing remarks dated 10/11/2024
