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28988452
28988453

10735 NE Halsey St, Portland, OR 97220

JV
OR OR 201226633
Capacity Commercial Group
Listed by Capacity Commercial Group
$1,500,000
352 days on market
Updated 9 days ago

Drive-Thru Property with 2 cannabis licenses on .81 AC

Details
APN 1N2E27CD -11300
Property Type Mixed Use, Office (+1)
Sub Type Convenience Store, Bank (+1)
Square Footage 5,400
Net Rentable (SqFt) 5,400
Units 2
Tenancy Vacant
Pro-Forma Cap Rate 8.48%
Pro-Forma NOI $135,600
Price per SqFt $278
Year Built 1964
Year Renovated 2017
Buildings 1
Stories 1
Lot Size (SqFt) 35,284
Zoning CM2
Parking Spaces 27 per 1,000 sq ft
Investment Type Owner/User
Occupancy Date 01/05/2026
Ground Lease No
Ownership Fee Simple

Drive Thru Retail | ± 5,400 SF Building on ± 35,284 SF Lot available for sale

Marketing description

2nd-Generation Retail Space with Drive Thru

± 5,400 SF Building on a ± 35,284 SF Lot

Sale Price: $1,600,000 ($296/SF Building)

• Large Retail Space/Showroom

• Secure Wholesale Production Area

• 23 Striped Parking Spaces in Three Separate Parking Areas

• Retail and wholesale OLCC cannabis licenses, FF&E and intellectual property available.

• Ideal Site for Future Mixed-Use Development

Investment highlights

  • 23 Striped Parking Spaces in Three Separate Parking Areas
  • Rare Existing Drive Thru
  • Pylon Signage, Frontage on NE Halsey St and NE Weidler St
  • Large Walk-In Vault
  • Ideal Site for Future Mixed-Use Development

Listing Contacts

JV
OR OR 201226633
Capacity Commercial Group
Listed by Capacity Commercial Group

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Additional Information

Name
Jason VanAbrams
License
OR 201226633
Brokerage
Capacity Commercial Group
Brokerage Phone
503.314.1099
Title
Senior Associate
Brokerage Address
805 Southwest Broadway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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