4815 Division StPortland, OR 97206

For Sale
$1,500,000

10,000 SF Multi-Tenant Storefront

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 10,000 square foot retail building, situated on a 0.23-acre lot in Portland, Oregon's vibrant Southeast Division Street, presents a compelling investment opportunity. Currently housing five tenants, including Kindred Dog PDX, New Rose Tattoo, Portland Bicycle Emporium, and Upstairs Basement PDX, the property offers significant redevelopment potential or the chance to establish a new building. The building is classified as Class B and features a mix of month-to-month and shorter-term leases, with one 1,000 square foot vacant retail space. The asking price is $1,500,000, translating to $150 per square foot. The property's CM2 zoning allows for diverse commercial and mixed-use development. Its prime location boasts proximity to numerous established restaurants and retailers, ensuring high visibility and foot traffic. The property's address is 4815 SE Division St, Portland, OR 97206, and its APN is R168889. This is an ideal opportunity for owner-users seeking up to 6,500 square feet of space. The property's strong tenant mix and location make it a highly attractive investment.

Highlights

  • $1,500,000 asking price for a 10,000 square foot retail building.
  • 10,000 square feet of net rentable space in a multi-tenant building.
  • Located at 4815 SE Division St, Portland, OR 97206, on a 0.23-acre lot.
  • Property is zoned CM2, allowing for mixed-use development.
  • Five units, including one 1,000 square foot vacant space.
  • Current tenants include Kindred Dog PDX, New Rose Tattoo, Portland Bicycle Emporium, and Upstairs Basement PDX.

Property Details for 4815 Division St

Property type
Other retail properties, Individual retail properties
Square Feet
10,000 SF
Class
B
Buildings
1
Lot Size (sq. ft)
10,019 SF
Units
5

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.505322650295
Longitude
-122.61284041863
4815 Division St, Portland, Oregon

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4815 Division St
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