8600 Stark StPortland, OR 97216

Property Details for 8600 Stark St

Year built

1925

Lot size

0.48 AC

Property size (Sq ft)

21,182 SF

Zone code

CS

Property type

Retail space

APN

1S2E04BB 00200

APU

1S2E04BB00200

Description

Exceptional investment opportunity: a fully leased, 21,000 sq ft commercial building in Portland, Oregon's vibrant Montavilla neighborhood. This two-story, 1925-built property features three established businesses: a thriving antique marketplace with 87 current contracts and additional waiting list, a successful café with indoor and outdoor seating for 73, and a 1,500 sq ft second-floor apartment. The property boasts a CM2 zoning designation and has been under single ownership for over two decades, offering a rare chance to acquire a turnkey operation with proven profitability. The asking price is $4,500,000, translating to $214.29 per square foot. This presents a unique opportunity for an investor seeking a stable, high-return investment in a desirable location. The building's long-standing success and diverse income streams make it an attractive proposition for experienced commercial property owners. The current owner's retirement creates this exceptional opportunity to acquire a well-established and profitable business. The property is located at 8600 SE Stark St, Portland, OR 97216.

• CAP approach

  CAP return

  Valuation

  6%

  $8,552,237

  6.5%

  $7,894,372

  7%

  $7,330,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,279,658

  Geo Method

  $10,279,658

• Alternative Use

  Use

  Valuation

  Residential

  $6,659,198

  Hospitality

  $6,099,790

  Educational

  $5,074,954

  Medical

  $5,249,489

  Retail

  $7,894,372

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5189

Longitude

-122.574

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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