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Property profile & analytics
FOR SALE
Retail space

6504 SE Foster Rd Portland, OR 97206

6,796 SF 0.08 ac lot Built 1910
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-0846637
6504 SE Foster Rd, Portland, OR 97206 For Sale
$1,600,000 6,796 SF
6504 SE Foster Rd, Portland, OR 97206
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Property summary
AI-generated overview

The Foster Building, located at 6504 SE Foster Rd in Portland, Oregon (zip code 97206), offers a versatile office space solution. This Multnomah County property currently has one available space totaling 1,000 square feet. The space is ideal for a variety of office configurations, including coworking, executive office suites, creative office setups, or traditional office layouts. The available unit is situated on the second floor and features an open floor plan reception area, along with three to four individual office spaces. The building's flexible design allows for customization to meet specific business needs. This is a multi-tenant building, providing a collaborative and dynamic work environment. Lease terms and rates are negotiable, offering flexibility for potential tenants. The property's convenient location in Portland provides easy access to various amenities and transportation options. Interested parties are encouraged to inquire about the available space and explore the possibilities for their business within this adaptable office setting. The property is classified as Office space with subtypes including Coworking, Executive Office, Creative Office, and Traditional Office.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 6,796 SF
Lot 0.08 ac (3,570 SF)
Zoning code CS
APN 1S2E17BB 19400
UPID US71-0846637
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pieper Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
$1.21M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M
Owner & transaction history
Property 6504 LLC · 1 yrs held
Property 6504 LLC
since 2024
Last sale
$1.2M
7 recorded transactions
2024
$1.2M
2015
Price N/A
2015
$1.2M
2008
Price N/A
2001
$250,000
1994
$60,000
1994
$32,070
Zoning & alternative use
CS · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.0M +0.9%
Commercial (general) $2.0M +0.5%
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More about this property
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