Portland OR Real Estate & Commercial for Sale

Your chance to own a corner piece of pure Portland real estate. Two tenants in place. Upstairs is a charming 2br large apartment with separate entrance. Downstairs contains a NE Alberta facing suite which is long term leased to a Marijuana Business with built in renewal option. On the south end of the main floor is an approx ~790sf storage/workspace. Current owner envisioned exploring adding opening in south "flex" area toward 33rd ave in this space to create another ground floor business space. All must be explored/confirmed by Buyer in Due Diligence and Seller makes no guarantees. Listing agent is owner and licensed broker in Oregon with eXp Realty LLC. Please, not disturb tenants. Seller open to contract for deed or Land Sale Contract proposals.

** Please do not talk with owner, employees, or customers, thank you. ** Restaurant business for sale. Large full kitchen with hood. Currently teriyaki/Chinese food operation. Current business hours are short (11:00-7:00) for weekdays and closed on weekends. If business hours are extended, there's potential for significant increase in lottery income from six machines. Lottery income from the machines is still very good with the short hours. When the business had longer hours, the lottery income was much higher. Current business hours is short for poker machines. 36 parking spaces on site. Inventory is separate from listed price.

DO NOT DISTURB TENANTS OR ENTER MARINA WITHOUT LISTING AGENT: Sale includes tax parcels: P652253 & R314262. On Land: 616 sq. ft., 1 level, 1 bedroom/1 bathroom apartment with Columbia River views. 520 sq. ft. workshop, garage & storage. 31 paved, assigned parking spaces. On River: rented slips to 7 floating homes. 17 boat slips. Land & water: approx 1.23 acres.Rent increase opportunity 2/28/24. Electricity is separately metered or sub-metered. Water, sewer & garbage are included in rent. All tenants month to month. Lots of information available for review. Excellent income opportunity with room for expansion in the water. Rare submerged land ownership negating the need for a DSL lease saving the owner thousands. Located on the Columbia River Slough surrounded by neighboring marinas and yacht clubs. Minutes to freeways, airport, DT Portland and Vancouver, WA. All information to be deemed accurate at the time of input but may vary due nature and type of investment. Income numbers are approximate due to a few current end of year vacancies. Considered actual if fully occupied. Apartment currently vacant.

Excellent road frontage location right off of Alberta St to own a prime commercial building with endless potential to make the perfect space for you and a premier investment opportunity. 2 large bay doors, 6 smaller openings, great parking space, and potentially convert to multiple stories - the options are endless. Owner financing option.

Bring your investor client for an opportunity in inner NE Portland to add you own ideas for a building that is zoned CM3.

Sale includes property at 7606 NE MLK Blvd & 521 NE Russet St (1.58 Acres) and includes a total of 7 tax lots. Currently used as automotive shop but zoning allows for multiple uses. Current Zoning CE & EG2The property was cleaned for prior hazardous materials cleanup and has received an Oregon Department of Environmental Quality a No Further Action Letter (NFA). (See Attached)Tax parcels including: 1N1E11CC 00700, 1N1E11CC 00800, 1N1E11CC 00900, 1N1E11CC 01200, 1N1E11CC 01300, 1N1E11CC 01400, and 1N1E11CC 01500Appointment Only.

FOR SALE: 3,190 RSF turn-key bar/restaurant with 1,500 SF of covered outdoor space. Includes natural gas fire pits. Potential for rooftop bar access. Located in Alberta Arts District with great corner visibility. See brochure for additional photos and floor plans. Call Jordan to set up a tour. Teote is currently the tenant on a month to month term. Teote would sign a 5 year NNN lease if a Buyer wanted to keep the property as a long-term investment.Teote offers Latin American food at 3 locations across Portland. The NE Alberta Street location opened in 2017 and is coined The Mezcaleria. PDX Monthly boasts this mezcal-heavy outpost of this arepas-loving eatery offers a huge selection of potent agave, and an equally impressive patio.