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    6517 Sandy Blvd Portland, OR 97213

    For Lease
    $22 SF/Yr ($9,883 /Mo)

    5,391 SF Retail Building, Abundant Parking

    Lot size:
    5,391 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5,391 square foot retail building, located at 6517 NE Sandy Blvd in Portland, Oregon (zip code 97213), presents a unique investment opportunity. Situated on a 10,427 square foot lot, the property boasts ample off-street parking. Completely renovated in 2018, the building features brand new electrical, plumbing, and HVAC systems. Interior modifications transformed the space into a child event center, complete with a full commercial kitchen, climbing walls, party rooms, a dance studio, and office space. This versatile layout offers significant adaptability for a variety of uses. The CM2 (Commercial Mixed Use 2) zoning allows for a wide range of commercial activities, including office, retail, and medical uses, providing flexibility for future tenants. The property's location in Multnomah County offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-traffic area. The single-tenant occupancy provides a streamlined management structure, while the substantial square footage offers ample space for expansion or customization. This is a rare opportunity to acquire a fully renovated, versatile commercial property in a thriving Portland neighborhood.

    Property Features for 6517 Sandy Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,391 SF
    Total Rate
    9883.5

    Building Details

    Year Renovated
    2018

    Unit(s) available at that property

    Space
    Space Available
    Size
    5,391 SF
    Rate per SF
    $22

    HighLights

    • Major remodel in 2017/2018.
    • Commercial kitchen included.
    • Highly adaptable floor plan for diverse uses.
    • Seven off‑street parking spaces.
    • Convenient walkability to numerous amenities.
    • ADA‑compliant and accessible building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nest Playground Indoor Playground

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.595966
    Latitude
    45.5458686

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    FAQs

    What type of property is this?
    Individual retail property - 5,391 SF Retail Building, Abundant Parking
    Where is this individual retail property located?
    The property is located at 6517 Sandy Blvd Portland, OR.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Major remodel in 2017/2018.; Commercial kitchen included.; Highly adaptable floor plan for diverse uses.
    Request Owner's contact information
    6517 Sandy Blvd Portland, OR 97213
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    Portland, OR 97213
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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
    6517 Sandy Blvd Portland, OR 97213
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