13230 Orient Dr Boring, OR 97009
- Commercial real estate
- 4,941 SF
- 1.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 13230 Orient Dr
- Year built
- 1956
- Lot size
- 1.19 lot acres
- Property size
- 4,941 SF
- Zone code
- RRFF5
- Property type
- Commercial real estate
- APN
- 24E04A 02000
- APU
- 24E04A02000
Description
This exceptional commercial investment opportunity in Boring, Oregon, presents a substantial 8,672 square foot building situated on a generous 1.19-acre lot. The property boasts a strong 12% capitalization rate, offering significant return on investment potential with room for further growth. A key component of the income stream is the established Backroads Pub and Grub, featuring ample seating for patrons and a lucrative lottery revenue-generating area. Beyond the pub, the property includes three additional income-producing tenants: a barbershop, an artist studio, and an imaging business. These tenants occupy approximately 3,300 square feet of the building's total space, contributing to a diversified and robust rental income portfolio. The property's substantial size and diverse tenant mix provide a stable and attractive investment opportunity. The location in Boring offers convenient access to key transportation routes and a growing local market. This is a rare chance to acquire a well-established, high-performing commercial property with significant upside potential. Serious inquiries only. Please do not disturb employees.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boring
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.321
- Latitude
- 45.4276
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA