88 Murray Blvd Portland, OR 97229
- Retail space
- 2,014 SF
- 0.13 lot acres
Current Use by Public Records
- E-Fly Travel Inc / Travel Agency
- Murray Massage / Spa
- el jalisco 2 food truck / Restaurant
- New Mobile Food / Mobile Caterer
- D'Elegant Nails / Nail Salon
Property Details for 88 Murray Blvd
- Lot size
- 0.13 lot acres
- Property size
- 2,014 SF
- Zone code
- NC
- Property type
- Retail space
- APN
- 1N133DC-03400
- APU
- 1N133DC03400
Description
This exceptional mixed-use property, located at 88 NW Murray Blvd in Portland, Oregon, presents a lucrative investment opportunity. The building, constructed in 2007, boasts a total of 2,034 square feet, perfectly divided into 1,017 square feet of retail space on the ground floor and an equal amount of office space on the second floor. Currently operating at 100% occupancy, this property offers immediate cash flow. Situated on a 0.13-acre lot (APN R0636805), the building benefits from high visibility and significant traffic volume due to its strategic location directly off the Murray Boulevard exit of Highway 26. This provides excellent access to Highway 217, ensuring convenient commutes for both employees and customers. The property is zoned NC and features a two-story structure. The asking price is $995,000, translating to a price per square foot of $489.18. This represents a strong value proposition in the vibrant Portland market. The property's excellent location, combined with its current high occupancy rate and versatile floor plan, makes it an ideal investment for discerning buyers seeking a stable and profitable asset. Don't miss this chance to acquire a thriving mixed-use property in a prime Portland location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.816
- Latitude
- 45.5202
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
