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Listed by Coldwell Banker Bain

$2,400,000

Est. payment - /mo

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6,498 SqFt

Price Dropped by $590K

1909 SW 6TH AVE Portland, OR 97201

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,498 sqft

Price per Sqft $369

MLS Listing ID 24122183

Year Built 1953

Annual Tax Amount $32,286

Tax Year 2024

Property Sub-Type Commercial

Property 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.

Location

State OR

County Multnomah

Area _148

Zoning CX

Interior

Heating Forced Air

Cooling Central Air

Equipment SmokeDetector

Exterior

View City, Territorial

Roof Type Flat

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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