Single-Tenant Single-Story Retail
For Sale
$1,100,000
8028 SE Stark St, Portland, OR 97215
Single-tenant retail building with high ceilings and large windows, supported by flexible CM2 mixed-use zoning.
Property Size5,000 SF
Days on Market129
Property Features for 8028 SE Stark St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Zoning
CM-2
Site & Location
Neighborhood
Southeast
Building Details
Building Size
5,000 SF
Year Built
1941
Stories
1
Tenancy
Single
Listing Agency:
Capacity Commercial Group
Listed By:
Jason VanAbrams
(503) 314-1099
Source:
Capacitycommercial
Added: Jun 24
Changed: Oct 26
Last Checked: Oct 30 at 11:55AM
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.
Capacity Commercial Group is pleased to exclusively present a single-tenant, single-story retail building at 8028 SE Stark Street in the Montavilla area of SE Portland. The space features high ceilings and large windows, with wood-frame construction.
The property is supported by flexible mixed-use zoning (CM2), which allows for a range of uses including retail, light industrial, multifamily, office, and more. This combination of a traditional storefront layout and versatile zoning may support a variety of tenant and operating concepts within a retail-focused building footprint.
The property is supported by flexible mixed-use zoning (CM2), which allows for a range of uses including retail, light industrial, multifamily, office, and more. This combination of a traditional storefront layout and versatile zoning may support a variety of tenant and operating concepts within a retail-focused building footprint.
Key Highlights
- Single‑tenant, single‑story retail building
- Year built 1941 with wood‑frame construction
- High ceilings and large windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,275
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,165,500
$1.2M
Cap Rate 7%
$832,500
$832.5K
Cap Rate 9%
$647,500
$647.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$90.0K $18.00/SF
− Vacancy
−$6.8K −$1.35/SF
EGI
$83.3K $16.65/SF
− OpEx
−$25.0K −$5.00/SF
NOI
$58.3K $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%
$1,165,500
Cap Rate 7%
$832,500
Cap Rate 9%
$647,500
Alternative Uses
Best Use
Retail
$832.5K
$728.4K – $971.3K
NOI $58,275 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,289 @ 7.0% cap · market cap 8.94%
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
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97215, OR
18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Portland, OR
Similar Off Market Nearby
- Kim Flowers — 8716 SE Stark St, Portland, OR 97216
- Swoon Floral Design — 634 NE 81st Ave, Portland, OR 97213
- HART Floral — 850 NE 81st Ave UNIT 105, Portland, OR 97213
Frequently Asked Questions
What type of property is this?
Storefront property - Single-tenant retail building with high ceilings and large windows, supported by flexible CM2 mixed-use zoning.
Where is this storefront property located?
The property is located at 8028 SE Stark St Portland, OR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Single‑tenant, single‑story retail building; Year built 1941 with wood‑frame construction; High ceilings and large windows
