Montavilla Retail Building
For Sale
Contact for pricing
8037 SE stark, Portland, OR 97216
Five-unit retail building in the heart of Montavilla.
Property Size7,875 SF
Price / SF$266.67
Days on Market164
Property Features for 8037 SE stark
General Information
Standard status
Active
Size
7,875 SF
Property subtype
Retail
Building Details
Year Built
1924
Listing Agency:
M Maltase Real Estate Group
Listed By:
Michelle Maltase · License #OR 200309223
Source:
Crexi
Added: Feb 19
Changed: Jul 6
Last Checked: Jul 30 at 2:16PM
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 M Maltase Real Estate Group
Investment Insights
Based on property information with market context.
The Montavilla Building is a five-unit retail building located in the heart of Montavilla. This well-maintained property offers investors an opportunity to acquire a retail asset in a thriving neighborhood. The property features ample off-street parking, ensuring convenience and accessibility. With long-term tenants in place and consistent rental income, the property demonstrates financial performance. The building is positioned for long-term growth and offers reliable returns. The property size is 7875 square feet.
Key Highlights
- Proven retail asset in a thriving Montavilla neighborhood.
- Stable, income‑producing property with a strong CAP rate.
- Long‑term tenants in place, ensuring consistent rental income.
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 | $141.8k | $18.00 |
| − Vacancy | −$10.6k | −$1.35 |
| EGI | $131.1k | $16.65 |
| − OpEx | −$39.3k | −$5.00 |
| NOI | $91.8k | $11.66 |
7,875 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.31M
$1.15M – $1.53M
NOI $91,783 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.21M
$1.94M – $2.58M
NOI $154,805 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
Explore this area
Business Placement
Demographics for 97216, OR
17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Five-unit retail building in the heart of Montavilla.
Where is this retail space located?
The property is located at 8037 SE stark Portland, OR.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Proven retail asset in a thriving Montavilla neighborhood.; Stable, income‑producing property with a strong CAP rate.; Long‑term tenants in place, ensuring consistent rental income.
