2858 Sandy BlvdPortland, OR 97232

Property Details for 2858 Sandy Blvd

Year built

2000

Lot size

0.14 AC

Property size (Sq ft)

2,948 SF

Zone code

CS

Property type

Retail space

APN

1N1E36BC 01000

APU

1N1E36BC01000

Description

This exceptional retail space, located at 2858 NE Sandy Blvd in Portland, Oregon, offers 1,600 square feet of vacant space within a larger 2,948 square foot building situated on a 5,878 square foot lot in Multnomah County. The property boasts a highly desirable location, benefiting from significant foot traffic with 20,000 vehicles passing daily. The space features ample natural light thanks to large windows, creating an inviting atmosphere. Its open floor plan provides flexibility for various business configurations. On-street parking ensures convenient access for customers and employees. This prime location in a bustling area offers unparalleled visibility and exposure, making it an ideal opportunity for businesses seeking a high-traffic location. The property is designated as a multi-tenant retail building. This is a rare opportunity to secure a prominent retail space in a thriving Portland neighborhood. The zip code is 97232.

• CAP approach

  CAP return

  Valuation

  6%

  $1,190,256

  6.5%

  $1,098,698

  7%

  $1,020,219

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,430,669

  Geo Method

  $1,430,669

• Alternative Use

  Use

  Valuation

  Residential

  $926,792

  Hospitality

  $848,937

  Educational

  $706,306

  Medical

  $730,596

  Retail

  $1,098,698

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5293

Longitude

-122.636

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

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