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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4030-4040 Division St Portland, OR 97202

4,500 SF 6000 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Portland, Oregon commercial property, located at 4030-4040 SE Division Street, presents a unique owner-user or redevelopment opportunity. Boasting 4,500 square feet on a substantial 6,000-acre lot, this mixed-use building is zoned Commercial Mixed-Use 2 (CM2), offering significant flexibility. The asking price is $1,295,000, translating to $287.78 per square foot. The property features multiple storefronts, ideal for a variety of retail uses, and benefits from significant interior demolition already completed, saving considerable time and expense for future development. Further enhancing its appeal, a new sewer line has been installed, and the property includes two bathrooms and two curb cuts. Situated in the desirable Richmond neighborhood, known for its blend of historic and modern commercial and residential properties, this corner lot offers excellent visibility and accessibility. The seller is offering attractive financing options, including seller financing and creative financing structures to facilitate redevelopment. This is a rare chance to acquire a well-positioned property in a thriving Portland neighborhood with significant potential for growth and return on investment. The property is located in Multnomah County, Oregon, zip code 97202.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,500 SF
Lot 6000 ac (261,360,000 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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