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Listed by Great Western Real Estate Co, Cornell Mann. [email protected]

MLS Source logo

13116 NE SANDY BLVDPortland, OR 97230

Active
$2,611,550
17,500 Square Feet

OPPORTUNITY FOR EXPANSION:A framed and roofed 350 sq. ft. storage room can be converted into RENTABLE SPACE. This property is available for sale only in conjunction with the neighboring corner lot, and both transactions will occur simultaneously. The property is an owner-managed income property, consisting of a well-maintained strip mall with 8 tenants across 2 buildings, all of whom are currently fully leased. There is significant potential for increased returns through raising rents, as the current lease rates are below market value. Situated on a highly visible location along a bustling arterial street, just minutes away from Costco, this property boasts excellent accessibility via Sandy Blvd and NE 131st Ave. This property also offers a favorable return on investment and has the potential for increased income through additional investment, such as expanding into the adjacent vacant lot. The strip mall features a diverse mix of tenants, impressive curb appeal, and ample parking, making it a compelling investment option.


FACTS & FEATURES

  • Property Type:
    CommercialSale
  • Architectural Style:
  • Bedrooms:
  • Bathrooms:
  • Dwelling Size:
    17,500 Square Feet
  • Lot Size:
    1.38 Acres
  • Lot Description:
  • Stories:
    1
  • Year Built:
    1968
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces:
    Features: OnSite
  • Area:
    _142
  • Views:
  • Schools:
  • HOA:
  • Senior Community:
  • Heating:
    Other
  • Cooling:
    Other
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
  • Roof:
    Flat

LOCATION


REQUEST INFORMATION

Listing Office: Great Western Real Estate Co. Listing Agent: Cornell Mann. Listing ID: 24138244

Last Updated February 12, 2025 2:02 PM
Data last checked against RMLS on April 30, 2025 12:54 PM

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Harcourts are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. All information is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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