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Listed by eXp Realty, LLC • 503-939-8231
$2,250,000
Est. payment /mo
11,980 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,980 sqft
Price per Sqft $187
MLS Listing ID 24002510
Year Built 2009
Annual Tax Amount $19,251
Tax Year 2024
Lot Size 0.710 Acres
Property Sub-Type Commercial
Property Description
This well-maintained, multi-tenant retail property in Wood Village, OR offers a unique investment opportunity with strong income potential. Featuring 5 fully leased retail spaces, the property is home to a diverse mix of tenants, including retail, service, and restaurant businesses. Located along a high-traffic corridor with excellent visibility, the property offers easy access to I-84 and is just minutes from Portland, making it an ideal spot for both local and commuter traffic. Ample on-site parking and proximity to residential neighborhoods add to its appeal, ensuring consistent foot traffic and a loyal customer base for tenants. With a stable rent roll, this property offers a reliable income stream and a solid return on investment. The area is experiencing steady growth, with Wood Village emerging as a sought-after location for both commercial and residential development. Whether you're an experienced investor or new to commercial real estate, this property presents a rare opportunity to own a fully leased, income-generating asset in a prime location.
Location
State OR
County Multnomah
Area _144
Zoning NC
Interior
Heating Forced Air
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Cassandra Marks
Realtor, Licensed in OR & WA | License ID: 201225764
Realtor, Licensed in OR & WA License ID: 201225764