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Listed by John L. Scott Portland Metro • 503-665-0111
$ 350,000
Est. payment | /mo
1,320 SqFt
$ 350,000
Est. payment | /mo
1,320 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $265
MLS Listing ID 24044404
Year Built 1960
Annual Tax Amount $4,669
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type Commercial
Property Description
Situated on McLoughlin Blvd, a corridor known for its steady flow of daily commuters and strong visibility. This 1320 square-foot commercial property offers an ideal opportunity for investors seeking a stable, income-producing asset in a prime location. With a long-term tenant in place and renewal options secured. Currently leased at $3,000 per month with 2 years remaining on a 5-year lease. Tenant holds two 5-year renewal options. Please do not disturb tenants.
Location
State OR
County Multnomah
Area _143
Zoning CE
Interior
Heating Other
Cooling Central Air
Exterior
Roof Type BuiltUp
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Jennifer Scholes
Broker | License ID: #201253488
+1(503) 888-7583 | jennscholes.realestate@gmail.com