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    3552-3554 Sandy Blvd Portland, OR 97232

    Sponsored
    For Lease
    Contact for pricing

    Portland retail space, 2 suites available

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional multi-tenant retail property, located at 3552-3554 Northeast Sandy Boulevard in Portland, Oregon, presents a unique investment opportunity. The building, constructed in 1949, offers a total of 1,200 square feet, divided into two suites. Currently, 1,060 square feet are vacant, providing immediate occupancy potential for prospective tenants. Each suite offers flexible space, with a minimum divisible area of 494 square feet and a maximum contiguous area of 566 square feet, catering to a variety of business needs. The property boasts a prime location in Multnomah County, near I-84, providing easy access to both downtown Portland and the East Side, ensuring high visibility and convenient access for customers. With only two suites, this property offers a manageable and potentially highly profitable investment. The property includes two parking spaces for added convenience. The 97232 zip code ensures a strong local customer base. This is an excellent chance to acquire a well-situated retail space in a thriving Portland neighborhood. The property's versatility makes it suitable for a wide range of retail businesses.

    Property Features for 3552-3554 Sandy Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Building Details

    Year Built
    1949

    Unit(s) available at that property

    Space
    3552 NE Sandy
    Size
    566 SF
    Space
    3554 NE Sandy
    Size
    494 SF

    HighLights

    • Lease Rate: $1,485 - $1,700/month (MG)
    • Two Units Available
    • 494‑566 square feet per unit
    • 1,200 square foot building
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6270696
    Latitude
    45.5329715

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    FAQs

    What type of property is this?
    Individual retail property - Portland retail space, 2 suites available
    Where is this individual retail property located?
    The property is located at 3552-3554 Sandy Blvd Portland, OR.
    What are key features of this property?
    This property features: Lease Rate: $1,485 - $1,700/month (MG); Two Units Available; 494-566 square feet per unit
    Request Owner's contact information
    3552-3554 Sandy Blvd Portland, OR 97232
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    Portland, OR 97232
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3552-3554 Sandy Blvd Portland, OR 97232
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