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    6517 Sandy Blvd Portland, OR 97213-4569

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    6517 Sandy Blvd Portland, OR 97213-4569


    • Retail space
    • 5,063 SF
    • 0.24 lot acres
    Off-Market
    Last Sale Oct 1, 2024
    $1,650,000
    Property ID
    US71-0967108
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nest Playground / Family Recreation Center

    Property Details for 6517 Sandy Blvd

    Year built
    1925
    Lot size
    0.24 lot acres
    Property size
    5,063 SF
    Zone code
    CGH
    Property type
    Retail space
    APN
    1N2E29BB 15500
    APU
    1N2E29BB15500

    Description

    This exceptional 5,391 square foot retail building, located at 6517 NE Sandy Blvd in Portland, Oregon (zip code 97213), presents a unique investment opportunity. Situated on a 10,427 square foot lot, the property boasts ample off-street parking. Completely renovated in 2018, the building features brand new electrical, plumbing, and HVAC systems. Interior modifications transformed the space into a child event center, complete with a full commercial kitchen, climbing walls, party rooms, a dance studio, and office space. This versatile layout offers significant adaptability for a variety of uses. The CM2 (Commercial Mixed Use 2) zoning allows for a wide range of commercial activities, including office, retail, and medical uses, providing flexibility for future tenants. The property's location in Multnomah County offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-traffic area. The single-tenant occupancy provides a streamlined management structure, while the substantial square footage offers ample space for expansion or customization. This is a rare opportunity to acquire a fully renovated, versatile commercial property in a thriving Portland neighborhood.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,543,000
      Market price range: $558k - $1.65M
      AI Estimate
      $1,543,000
      Market price range: $558k - $1.65M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,160,000
      Current use
      RESTAURANT
      $1,735,000
      Change: +49% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,545,000
      Change: +33% Conversion: Difficult
      MEDICAL BUILDING
      $1,530,000
      Change: +32% Conversion: Difficult
      OFFICE BUILDING
      $1,465,000
      Change: +26% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,345,000
      Change: +16% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,275,000
      Change: +10% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.596
    Latitude
    45.5458
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,035
    $0.00
    $0.00
    $529,660
    -
    $1,042,700
    $258,360
    $1,301,060
    More about this property
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