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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1909 SW 6th Ave , Portland, OR 97201
$2,400,000
Est. Payment: $5,333.33/mo
6498 Sqft
Status: active | Days on site: 720
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6CBN02 - BARKERBR
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House Description

Income or redevelopment investment property with over 200 feet of frontage. High traffic count, visibility in the heart of PSU and national brands. 3 NNN leased units. CX - Central Commercial in Opportunity Zone. Family owned AAA commercial investment property since 1953. The property is conveniently located on NE corner of SW Hall St and SW 6th Ave in Portland Oregon. Portland State University has over 28,000 students, 6000 professors, managers, and administrative staff. This investment property benefits from walking traffic to and from the various colleges, University Center and a multi-level student parking garage across street. The 6500 sq. ft. building includes valuable on-site management parking. There is currently a restaurant, boutique coffee shop, and a print shop that serve the University population. Potential lease space may becoming available in one of highest walking traffic pedestrian zones in the state. Excellent 1031 Exchange for income. Do not disturb businesses. Call or email listing broker for details.

Highlights

Listed by Brent Barker , 602-697-7769 Coldwell Banker Bain , 541-382-4123.

Property Type

Commercial Sale

Year Built

1953

County

Multnomah

Area

148 - Portland NW/ SW/ S, Raleigh Hills

Listing ID

24122183

Questions about this listing?

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Interior Features

Appliances:Smoke Detector
Air Cond:Central Air
Fireplaces:
Water:Public Water

Exterior Features

Lot Dimensions:100 x 100
Garage Capacity:4
Zoning:CX
Roof:Flat
Others:
  • ▪ Additional:Updated/Remodeled
Sewer:Public Sewer
Parking Features:On Site
Principal Interest
$5,333
Taxes
$2,691

Home Price

$2,400,000

Loan Details

30 yrs
%

Down Payment

20%
$480,000
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Monthly Price:
$5,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,333.33 $2,690.57 $0.00 $8,023.90
Yearly $64,000.00 $32,286.85 $0.00 $96,286.85
Total $1,920,000.00 $968,605.50 $0.00 $2,888,605.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.