For Sale
$2,100,000

13230 Orient DrBoring, OR 97009

Established Oregon bar & shops; high ROI.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional investment opportunity presents a thriving multi-tenant commercial property in Boring, Oregon. The 1.19-acre lot houses two buildings totaling 8,651 square feet, currently operating at 100% occupancy. The anchor tenant is the popular Backroads Pub and Grub, featuring ample seating and a lucrative lottery revenue stream. Three additional tenants—a barbershop, an artist studio, and an imaging business—contribute to a robust rental income. The property boasts 62 parking spaces and benefits from a gross lease structure. Built in 2010 and renovated in 2013, the property offers a 12% cap rate, a strong return on investment for the asking price of $2,100,000 ($242.75/sq ft). The property is classified as Class C and features four units across one story. The property is offered as a 1031 exchange opportunity, providing significant tax advantages for qualified buyers. This turnkey operation is situated at 13230 SE Orient Dr, Boring, OR 97009 (APN: 006468489). The property's strong cash flow and diverse tenant base make it an attractive investment for discerning buyers. Do not disturb employees.

Highlights

  • $2,100,000 asking price for a multi-tenant commercial property in Boring, Oregon.
  • 8,651 square feet on a 1.19-acre lot with 62 parking spaces.
  • 12% cap rate with 100% occupancy across four tenants.
  • Includes the Backroads Pub and Grub, plus a barbershop, artist space, and imaging business.
  • Two single-story buildings, renovated 13 years ago, with a gross lease structure.
  • Property is a 1031 exchange eligible offering.

Property Details for 13230 Orient Dr

Property type
Retail properties, Bars
Square Feet
8,651 SF
Class
C
Year Renovated
13
Buildings
2
Stories
1
Lot Size (sq. ft)
51,836 SF
Units
4

Location Insight

City
Boring
County
Clackamas
State
Oregon
Latitude
45.42724113434
Longitude
-122.321141662
13230 Orient Dr, Boring, Oregon

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FAQs

What type of property is this?
Retail property - Established Oregon bar & shops; high ROI.
Where is the retail property located?
The property is located at 13230 Orient Dr Boring, OR.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: $2,100,000 asking price for a multi-tenant commercial property in Boring, Oregon.; 8,651 square feet on a 1.19-acre lot with 62 parking spaces.; 12% cap rate with 100% occupancy across four tenants.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Tom Giusto
Visit Broker Website

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Useful Information

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Orient Dr
Boring, OR 97009

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Orient Dr
Boring, OR 97009

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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13230 Orient Dr
  • Tom Giusto
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