700-708 N Killingsworth St, Portland, OR
Retail condominium with high ceilings and multiple entrances for sale.
- Added:
- Apr 16, 2025
- Days on Market:
- 428
- Last Refresh:
- May 20 at 8:25 pm
Property Features for 700-708 N Killingsworth St
General Information
- Standard status
- Active
- Size
- 5,203 SF
- Lot size
- 0.11 Acres
- Property subtype
- RETAIL
Listing agent Rae Nomura
Listing office SVN Imbrie Realty (503) 208-9400
Listing date Apr 16, 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 SVN Imbrie Realty
HighLights
- Owner‑user opportunity in a newly converted condominium building.
- Ability to divide into 2 or 3 spaces with three street front entrances.
- Located across from Portland Community College.
- High 13'8" ceilings.
- HOA includes maintenance for building envelope, roof, water, sewer, garbage, and exterior lighting.
- Two restrooms and a kitchenette.
Overview
Local 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 | $93.7k | $18.00 |
| − Vacancy | −$7.0k | −$1.35 |
| EGI | $86.6k | $16.65 |
| − OpEx | −$26.0k | −$5.00 |
| NOI | $60.6k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.674
- Latitude
- 45.5625
