8828 Division StPortland, OR 97266

For Lease
$12/SF/YR View listing
  • Commercial real estate
  • 2,398 SF

Property Details for 8828 Division St

Year built
1948
Lot size
0.39 AC
Property size (Sq ft)
2,398 SF
Zone code
CS
Property type
Commercial real estate
APN
1S2E09BA 08500
APU
1S2E09BA08500

Description

This exceptional 4,895-square-foot flex space, located at 8828 SE Division St, Portland, OR 97266, presents a unique opportunity for a variety of businesses. Situated in the desirable Portland Inner SE - West of I-205 submarket, this single-tenant property offers a versatile layout suitable for retail, office, or industrial uses. The building, constructed in 1948, sits on a 0.39-acre lot (17,078 square feet) and boasts a 28 building FAR. The property features 15 parking spaces with convenient driveway access from Division and 89th Avenue. The zoning is CS2. The building's gross leasable area is 4,895 square feet, with approximately 2,920 square feet potentially suitable for retail/office and 2,400 square feet for manufacturing/warehouse use. The property includes a 280-foot frontage. Taxes are $1.66 per square foot. The owner is open to dividing the space to accommodate multiple tenants. A tenant improvement budget is available. This property offers a compelling combination of location, size, and flexibility, making it an attractive investment opportunity. The property's APN is R193367. The monthly rent is $5,000 NNN. There are no loading docks or dock-high doors.

8828 Division St, Portland, Oregon

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5043
Longitude
-122.572
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,775
-
-
$293,400
-
$410,500
$904,130
$1,314,630

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