Property summary
This exceptional 3,167 square foot mixed-use building, located at 5700 SE Foster Road in Portland, Oregon, presents a unique investment opportunity. Built in 1949 and extensively renovated in 2020, this single-story structure sits on a 3,180 square foot lot and boasts a 100% occupancy rate since June 1st, 2023. The property features a striking exterior with elegant cedar siding and expansive windows, maximizing visibility for any business. Inside, 12-foot ceilings create a bright, open atmosphere. The layout includes a spacious showroom and a separate backroom area, perfect for storage or additional operations. A convenient grade-level loading zone ensures efficient logistics. Recent upgrades include new back doors, windows, and a modern security system. Zoned CE MUC, this versatile space is ideal for a variety of uses, including retail, office, or creative studios. The high-traffic location on SE Foster Road, combined with ample on-street parking, provides excellent exposure and accessibility. The asking price is $825,000, translating to $260.50 per square foot. This owner-occupied property offers a compelling blend of prime location, modern updates, and flexible zoning, making it an attractive investment for discerning buyers. The property's strong performance and versatile nature make it a truly exceptional opportunity in the vibrant Portland market.
Property profile
VerifiedCap rate & NOI
Current use
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Taxidermist
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · Portland, ORZoning
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Zoning designation
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The district profile from the municipal source: what is on file for CG in Portland, OR.
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