Live-Work Space with
New
For Sale
$1,200,000
6802 SW Canyon Rd, Portland, OR 97225
A combined residence and work area includes showroom, office, and storage space.
Property Size4,468 SF
Lot Size0.66 Acres
Price / SF$268.58
Days on Market3
Property Features for 6802 SW Canyon Rd
General Information
Standard status
Active
Size
4,468 SF
Lot size
0.66 Acres
Property subtype
Commercial
Zoning
R24
Site & Location
Neighborhood
Southwest
Highway Access
Yes
Road Access
Yes
Mixed-Use Components
retail, residential
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Property Use
Light Industrial
Taxes and HOA fees
Annual Taxes
$5,504
Building Details
Building Size
4,468 SF
Year Built
1940
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker Bain
Listed By:
Sharon Dawson
(503) 703-7653
Source:
Duanejohnson
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 12:04PM
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 Coldwell Banker Bain
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Investment Insights
Based on property information with market context.
This live-work property combines an attached apartment with a shop and work area. The residence has five bedrooms, two full bathrooms, and one half bath, plus a rear yard. The work area includes a showroom, several offices, lower-level storage, one full bathroom, and two half bathrooms. The building contains 4,468 square feet on a 0.66-acre parcel, with on-site parking and space described for additional uses such as RV storage. Zoning is R24.
Located at 6802 SW Canyon Rd in unincorporated Washington County, the property has frontage visibility from Canyon Road and access to Highway 26 and Highway 217.
Located at 6802 SW Canyon Rd in unincorporated Washington County, the property has frontage visibility from Canyon Road and access to Highway 26 and Highway 217.
Key Highlights
- 4,468‑square‑foot building on a 0.66‑acre parcel
- Attached apartment with 5 bedrooms, 2 full bathrooms, and 1 half bath
- Shop/work area includes a showroom, several offices, and lower‑level storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,318
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,360
$1.2M
Cap Rate 7%
$861,686
$861.7K
Cap Rate 9%
$670,200
$670.2K
Market Conditions
NOI Build-Up for 4,468 SF
Gross rent
$107.2K $24.00/SF
− Vacancy
−$10.7K −$2.40/SF
EGI
$96.5K $21.60/SF
− OpEx
−$36.2K −$8.10/SF
NOI
$60.3K $13.50/SF
Area
Portland, OR
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,360
Cap Rate 7%
$861,686
Cap Rate 9%
$670,200
Alternative Uses
Best Use
Mixed Use
$861.7K
$754.0K – $1.01M
NOI $60,318 @ 7.0% cap · market cap 5.03%
Second Best
Office B
$826.2K
$723.0K – $964.0K
NOI $57,837 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,831 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
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Business Placement
Demographics for 97225, OR
26,247
Population
12,219
Households
2.1
Avg Household Size
41
Median Age
62%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,917
Density / Sq Mi
$111,341
Median Household Income
$60,933
Median Earnings
$1,703
Median Rent
$709,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Portland, OR
Frequently Asked Questions
What type of property is this?
Live-work space - A combined residence and work area includes showroom, office, and storage space.
Where is this live-work space located?
The property is located at 6802 SW Canyon Rd Portland, OR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,468‑square‑foot building on a 0.66‑acre parcel; Attached apartment with 5 bedrooms, 2 full bathrooms, and 1 half bath; Shop/work area includes a showroom, several offices, and lower‑level storage
