16501 Division St Portland, OR 97236
- Lifestyle centers
- 62,400 SF
- 11.76 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 16501 Division St
- Lot size
- 11.76 lot acres
- Property size
- 62,400 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 62,400 square foot retail property, located at 16501 SE Division St in Portland, Oregon, presents a unique investment opportunity. The single-tenant building sits on a substantial 11.76-acre lot (512,168 square feet), offering ample space for expansion or future development. Currently, the entire 62,400 square feet is available for lease. The property boasts abundant parking, catering to the needs of both employees and customers. Its zoning designation, CE & RM2, allows for a variety of commercial uses, providing flexibility for potential tenants. Situated in Multnomah County, with a 97236 zip code, this location benefits from excellent visibility and accessibility. The property's size and location make it ideal for a wide range of retail businesses seeking a prominent presence in the Portland market. The expansive lot provides significant potential for future development or expansion, adding further value to this already impressive offering. This is a rare opportunity to acquire a large, well-located retail space in a thriving Oregon market. All 62,400 square feet are vacant and ready for immediate occupancy.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.493
- Latitude
- 45.5057
