8600 Stark St Portland, OR 97216-1147
- Retail space
- 21,182 SF
- 0.48 lot acres
Apr 05, 2021
Current Use by Public Records
- Monti's Cafe / Restaurant / Coffee Shop
- PEERLESS Estate Sales LLC / Estate Appraiser
- John Thompson Designer / Interior Designer
- Monticello Antique Marketplace / Antique Store / Antique Furniture Store
Property Details for 8600 Stark St
- Year built
- 1925
- Lot size
- 0.48 lot acres
- Property size
- 21,182 SF
- Zone code
- CS
- Property type
- Retail space
- APN
- 1S2E04BB 00200
- APU
- 1S2E04BB00200
Description
Exceptional investment opportunity: a fully leased, 21,000 sq ft commercial building in Portland, Oregon's vibrant Montavilla neighborhood. This two-story, 1925-built property features three established businesses: a thriving antique marketplace with 87 current contracts and additional waiting list, a successful café with indoor and outdoor seating for 73, and a 1,500 sq ft second-floor apartment. The property boasts a CM2 zoning designation and has been under single ownership for over two decades, offering a rare chance to acquire a turnkey operation with proven profitability. The asking price is $4,500,000, translating to $214.29 per square foot. This presents a unique opportunity for an investor seeking a stable, high-return investment in a desirable location. The building's long-standing success and diverse income streams make it an attractive proposition for experienced commercial property owners. The current owner's retirement creates this exceptional opportunity to acquire a well-established and profitable business. The property is located at 8600 SE Stark St, Portland, OR 97216.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $365,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.574
- Latitude
- 45.5189
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
