3552-3554 Sandy Blvd Portland, OR 97232
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.