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Property profile & analytics
FOR SALE
Retail space

N Columbia Way Portland, OR 97203

14,534 SF 0.4 ac lot Built 1925
Entity Owned 3-yr Hold Free & Clear
Property ID
US71-0950689
Property summary
AI-generated overview

This exceptional 0.39-acre parcel located at 6666 N Columbia Way in Portland, Oregon's desirable St. Johns neighborhood presents a remarkable investment opportunity. Zoned CE - Commercial Employment, this property offers unparalleled versatility, allowing for a diverse range of development options. Envision the possibilities: a modern office complex, a vibrant retail center, or a unique mixed-use development incorporating residential components. The existing zoning provides the flexibility to tailor the project to your specific vision and market demands. Adding to its appeal, the seller is willing to consider carrying a contract, making this an even more attractive proposition for potential buyers. A completed Phase 1 Environmental Site Assessment is available upon execution of a Non-Disclosure Agreement, providing transparency and facilitating a smooth due diligence process. The property's APN is R151056 and is situated in Multnomah County, with a 97203 zip code. This is a rare chance to acquire a strategically located land parcel in a thriving Portland neighborhood with significant development potential. Don't miss this opportunity to shape the future of St. Johns.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Total area 14,534 SF
Lot 0.4 ac (17,515 SF)
Zoning code CG
APN 1N1E06DC 05500
UPID US71-0950689
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Centurion Development LLC · 3 yrs held
Centurion Development LLC
since 2022
Last sale
$300,000
4 recorded transactions
2022
$1.6M
2020
Price N/A
2014
Price N/A
2007
Price N/A
Zoning & alternative use
CG · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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