930 14Th AvePortland, OR 97209

Property Details for 930 14Th Ave

Year built

1978

Lot size

0.37 AC

Property size (Sq ft)

28,850 SF

Zone code

EXD

Property type

Retail properties

Property subtype

Retail space

APN

1N1E33AD 00300

APU

1N1E33AD00300

Description

This exceptional retail opportunity is located at 930 NW 14th Avenue in Portland, Oregon, within Multnomah County. The property, built in 1978, boasts a total building size of 28,850 square feet, with a significant 12,872 square feet currently available for lease. This space is part of a multi-tenant building situated on a 0.37-acre lot. The property is zoned EX and offers excellent street-level visibility and accessibility. The building's previous tenant was Basics Market, operating under a lease agreement initiated in 2019 with a 15-year initial term. This presents a unique chance to establish a presence in a well-established Portland location. The available space provides ample room for a variety of retail uses, benefiting from high foot traffic and convenient access. The property's location in the vibrant city of Portland, Oregon, 97209, offers significant potential for growth and success. Serious inquiries are encouraged to explore this remarkable retail investment opportunity. The property's size and location make it ideal for a variety of retail businesses seeking a prominent Portland presence.

• CAP approach

  CAP return

  Valuation

  6%

  $11,648,193

  6.5%

  $10,752,178

  7%

  $9,984,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,000,951

  Geo Method

  $14,000,951

• Alternative Use

  Use

  Valuation

  Residential

  $9,069,865

  Hospitality

  $8,307,948

  Educational

  $6,912,114

  Medical

  $7,149,833

  Retail

  $10,752,178

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5298

Longitude

-122.685

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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