OR > Portland
Portland, OR 97219,7409 SW CAPITOL HWY
Portland, OR 97219,7409 SW CAPITOL HWY
Portland, OR 97219,7409 SW CAPITOL HWY
Portland, OR 97219,7409 SW CAPITOL HWY
Portland, OR 97219,7409 SW CAPITOL HWY
Portland, OR 97219,7409 SW CAPITOL HWY
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Spencer And Mariah Crawford

Spencer And Mariah Crawford

+1(503) 507-3666
Listed by Berkshire Hathaway HomeServices NW Real Estate
$ 2,295,000
Est. payment | /mo

8,400 SqFt

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$ 2,295,000
Est. payment | /mo
Save

8,400 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,400 sqft

Price per Sqft $273

MLS Listing ID 24089046

Year Built 1947

Annual Tax Amount $7,691

Tax Year 2023

Lot Size 8,276 Sqft

Property Sub-Type Commercial

Property Description

Presenting a distinguished investment opportunity at Multnomah Village Wellness Center & Retail! This fully leased commercial property spans 8,400 square feet and was originally built in 1947. It seamlessly blends historic charm with contemporary amenities, making it a standout asset in the heart of Multnomah Village. This property guarantees a stable income stream with all 14 units fully leased. Tenants include well-known retail brands like Frey's Furniture, Narrative Home, and Katelyn's Closet?alongside 11 esteemed wellness professionals and traditional office tenants. This diverse tenant mix not only ensures a resilient income flow but also enhances the building's appeal to a broad clientele.Excellent rental rates with built-in yearly escalations and long-term tenants provide a reliable and growing income stream. The building has undergone significant upgrades in the last five years, including a new roof, furnace, air conditioning system, and new stairs, ensuring modern comfort and reliability for tenants.The property is meticulously maintained, with four units featuring elegant hardwood flooring. Common areas feature reception seating, wet bars, and two second-story entrances with newly refinished staircases. One suite boasts access to a second-story patio, offering a unique perk for its occupant.Additionally, the property provides 15 parking spaces, ensuring convenience for tenants and their clients.Located in the vibrant Multnomah Village, this property benefits from high foot traffic and excellent visibility. The area is known for its thriving commercial activity, making it an ideal location for businesses.

Location

State OR

County Multnomah

Area _148

Zoning CM1

Interior

Heating Forced Air, Heat Pump

Cooling Central Air, Heat Pump

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

Regional Multiple Listing Service (RMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 507-3666

spencer@vettruscrawfordrealty.com

2175 NW Raleigh St. Suite 110, Portland, OR, 97210, United States

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7409 SW CAPITOL HWY