1525 Grand AvePortland, OR 97214

Property Details for 1525 Grand Ave

Year built

1989

Lot size

0.23 AC

Property size (Sq ft)

3,602 SF

Zone code

EX

Property type

Turn key restaurants

APN

1S1E02CB 09200

APU

1S1E02CB09200

Description

This exceptional 3,602 square foot restaurant space is available for lease at 1525 SE Grand Avenue in Portland, Oregon, within Multnomah County. The property is a single-tenant retail space, currently vacant and ready for immediate occupancy. Its ideal location in Portland offers high visibility and accessibility, making it an attractive opportunity for a variety of restaurant concepts. The building's total square footage is 3,602 square feet, providing ample space for a full-service restaurant, including dining areas, kitchen facilities, and potentially additional storage or office space. The property is situated at 1525 SE Grand Ave, Portland, OR 97214, offering convenient access to major transportation routes and a vibrant neighborhood. This is a rare opportunity to secure a substantial and well-located restaurant space in a thriving Portland market. The property is classified as a retail space with a restaurant subtype. Interested parties are encouraged to inquire for lease terms and conditions. The property is located in Multnomah County, Oregon. The geographic coordinates are 45.5117142 latitude and -122.6612738 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $1,454,308

  6.5%

  $1,342,438

  7%

  $1,246,550

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,748,056

  Geo Method

  $1,748,056

• Alternative Use

  Use

  Valuation

  Residential

  $1,132,397

  Hospitality

  $1,037,270

  Educational

  $862,996

  Medical

  $892,676

  Retail

  $1,342,438

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5117

Longitude

-122.661

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

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