Back

1 of 30

2 of 30

3 of 30

4 of 30

5 of 30

6 of 30

7 of 30

8 of 30

9 of 30

10 of 30

11 of 30

12 of 30

13 of 30

14 of 30

15 of 30

16 of 30

17 of 30

18 of 30

19 of 30

20 of 30

21 of 30

22 of 30

23 of 30

24 of 30

25 of 30

26 of 30

27 of 30

28 of 30

29 of 30

30 of 30

1001 SE Division St
Portland, OR 97202

$3,000,000 USD

General Retail For Sale • 9,114 SF

Property Details

Property Type General Retail
Total Building Size 9,114 SF
Lot Size 0.19 AC
Building Class C
Year Built 1900
Cap Rate 6.64 %
Tenancy Multiple
Zoning IG1

68 Transit Score

95 Walk Score

                
                    Highlights
                
                                Prime SE Location Minutes to Downtown Portland and Freeway Access
                            
                                Vibrant Local Neighborhood In a Creative Office, Retail and Dining District, Being Near a Strong Demographic Residential Area 
                            
                                Bike and Pedestrian Friendly, Near Mass Transit
                            
                                High Visibility on Major Arterial with Significant Foot and Auto Traffic
                            
                                Tall Ceiling Throughout Ground Floors, Finished Concrete Flooring Throughout, Exposed Wood Truss Ceilings, Lots of Natural Light.
                            
                                Mixed Use Investment / Owner User Opportunity

Property Flyers

The Alexander_041824

Financial Summary (Proforma)

Net Operating Income: $199,296 USD (2023)

Cap Rate:	6.64 %
Total Expenses:	$56,330 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Akadi	4,350 SF	8/31/2027
Asian Imports	3,556 SF	5/31/2029
Counseling	1,208 SF	10/31/2028

Amenities

24 Hour Access
Bus Line
Corner Lot
Restaurant
Security System
Signage
Tenant Controlled HVAC
Roof Terrace
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	8 min	-	2.5 mi
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	17 min	-	9.7 mi
Transit/Subway	Drive	Walk	Distance
Clinton St/Se 12Th Ave Max Station (MAX Orange Line - TriMet)	0 min	4 min	0.2 mi
Omsi/Se Water Max Station (MAX Orange Line - TriMet)	2 min	8 min	0.5 mi
Se Grand & Mill (Portland Streetcar - B Loop - Portland Streetcar)	1 min	9 min	0.5 mi
Se Water/Omsi (Streetcar) (Portland Streetcar - A Loop - Portland Streetcar, Portland Streetcar - B Loop - Portland Streetcar)	2 min	9 min	0.5 mi
Se M L King & Mill (Portland Streetcar - A Loop - Portland Streetcar)	1 min	10 min	0.5 mi
Airport	Drive	Walk	Distance
Portland International	22 min	-	12.5 mi

Bryn Hokkanen 503-546-4534 Melvin Mark Companies

1001 SE Division St Portland, OR 97202