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Listed by Berkshire Hathaway HomeServices NW Real Estate, Lauren Musco. (971) 300-9272

MLS Source logo

7409 SW CAPITOL HWYPortland, OR 97219

Active
$2,295,000
8,400 Square Feet

Presenting a distinguished investment opportunity at Multnomah Village Wellness Center & Retail! This fully leased commercial property spans 8,400 square feet and was originally built in 1947. It seamlessly blends historic charm with contemporary amenities, making it a standout asset in the heart of Multnomah Village. This property guarantees a stable income stream with all 14 units fully leased. Tenants include well-known retail brands like Frey's Furniture, Narrative Home, and Katelyn's Closet?alongside 11 esteemed wellness professionals and traditional office tenants. This diverse tenant mix not only ensures a resilient income flow but also enhances the building's appeal to a broad clientele.Excellent rental rates with built-in yearly escalations and long-term tenants provide a reliable and growing income stream. The building has undergone significant upgrades in the last five years, including a new roof, furnace, air conditioning system, and new stairs, ensuring modern comfort and reliability for tenants.The property is meticulously maintained, with four units featuring elegant hardwood flooring. Common areas feature reception seating, wet bars, and two second-story entrances with newly refinished staircases. One suite boasts access to a second-story patio, offering a unique perk for its occupant.Additionally, the property provides 15 parking spaces, ensuring convenience for tenants and their clients.Located in the vibrant Multnomah Village, this property benefits from high foot traffic and excellent visibility. The area is known for its thriving commercial activity, making it an ideal location for businesses.


FACTS & FEATURES

  • Property Type:
    CommercialSale
  • Architectural Style:
  • Bedrooms:
  • Bathrooms:
  • Dwelling Size:
    8,400 Square Feet
  • Lot Size:
    0.19 Acres
  • Lot Description:
  • Stories:
    2
  • Year Built:
    1947
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    Garage or Parking Spaces:
    Features: OffStreet, Paved
  • Area:
    _148
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  • Heating:
    ForcedAir,HeatPump
  • Cooling:
    CentralAir,HeatPump
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    Fireplace(s):
    Features:
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LOCATION


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Listing Office: Berkshire Hathaway HomeServices NW Real Estate. Listing Agent: Lauren Musco. Listing ID: 24089046

Last Updated November 8, 2024 2:08 PM
Data last checked against RMLS on April 30, 2025 3:55 AM

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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