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24914712
24410616

1400 SE Morrison St, Portland, OR 97214 For Sale

CS
201220872
KW Commercial Portland Premiere
Listed by KW Commercial Portland Premiere
$2,600,000
382 days on market
Updated 15 days ago
Opportunity zone

Peacock Building

Details
APN R150630
Property Type Industrial, Retail
Sub Type Bar, Flex (+1)
Square Footage 11,374
Net Rentable (SqFt) 11,374
Units 5
Occupancy 38%
Lease Type NNN
Price per SqFt $229
Buildings 1
Stories 1
Acreage 0.260
Zoning CM2 - Commercial
Occupancy Date 07/01/2025
Loading Docks 1
Dock High Doors 1
Sale Condition For sale by owner

Industrial | 11,374 SqFt

Marketing description

The Peacock Building is a multi-tenant retail building located in the Buckman neighborhood of inner SE Portland. This 11,374 square foot building offers five versatile suites with a variety of commercial uses, including retail, restaurant, and flex/tech.

The building features three leased units and two units available for owner-users or tenants. The four spaces suitable for bars, restaurants, and retail range from 666 SF to 2,582 SF. Additionally, there is a 5,162 SF flex space with a roll-up door, allowing an owner to occupy more than 50% of the building. Recent tenants have included bars, a pastry shop, an event space, and a manufacturing/flex user, indicating the building's adaptability to various commercial needs.

Buckman is a lively mixed-use neighborhood featuring some of Portland's most popular event spaces and dining options. The property is within walking distance of popular restaurants and stores like Nostrana, Astera, Market of Choice, and Kachka.

Investment highlights

  • Quick access to major streets such as Belmont, Hawthorne, and Burnside.
  • Property is equipped with 3-phase power..
  • Includes a rooftop solar installation
  • Roll up door with interior dock.
  • Previous tenants utilized sidewalk and parking stalls as overflow seating for their respective bar and restaurant uses.
  • Perfect for a 5,000 - 6,000 Sq Ft owner user who could occupy the flex portion of the building with or without one of the retail spaces on Morrison.

Listing Contacts

CS
201220872
KW Commercial Portland Premiere
Listed by KW Commercial Portland Premiere

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