88 Murray BlvdPortland, OR 97229

For Sale
$995,000

Profitable 2-Story, 2,034 SF Office/Retail

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property, located at 88 NW Murray Blvd in Portland, Oregon, presents a lucrative investment opportunity. The building, constructed in 2007, boasts a total of 2,034 square feet, perfectly divided into 1,017 square feet of retail space on the ground floor and an equal amount of office space on the second floor. Currently operating at 100% occupancy, this property offers immediate cash flow. Situated on a 0.13-acre lot (APN R0636805), the building benefits from high visibility and significant traffic volume due to its strategic location directly off the Murray Boulevard exit of Highway 26. This provides excellent access to Highway 217, ensuring convenient commutes for both employees and customers. The property is zoned NC and features a two-story structure. The asking price is $995,000, translating to a price per square foot of $489.18. This represents a strong value proposition in the vibrant Portland market. The property's excellent location, combined with its current high occupancy rate and versatile floor plan, makes it an ideal investment for discerning buyers seeking a stable and profitable asset. Don't miss this chance to acquire a thriving mixed-use property in a prime Portland location.

Highlights

  • 2,034 SF mixed-use building in Portland, OR, on a 0.13-acre lot (APN R0636805).
  • 100% occupied, generating immediate cash flow.
  • Evenly divided: 1,017 SF retail (ground floor) and 1,017 SF office (second floor).
  • High-visibility location off Highway 26's Murray Blvd exit, with easy access to Highway 217.
  • $995,000 asking price ($489.18/SF).
  • Built in 2007, zoned NC.

Property Details for 88 Murray Blvd

Property type
Other retail properties, Other office properties
Square Feet
2,034 SF
Year Built
2007
Buildings
1
Stories
2
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Portland
County
Washington
State
Oregon
Latitude
45.52027
Longitude
-122.8156469
88 Murray Blvd, Portland, Oregon

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88 Murray Blvd
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