6433 SE Foster Rd
Stabilized Mixed-Use Investment SE PDX | 6.79% CAP
Marketing description
100% occupied mixed-use building in Southeast Portland's Foster-Powell neighborhood. The ground floor is anchored by Bar Carlo, a well-established neighborhood restaurant and popular brunch destination with nearly 20 years of continuous tenancy. The long-term commercial occupancy speaks to the property's strong location and community presence.
Above, seven residential units — a mix of studios and one bedrooms — have several long-term tenants with low turnover. The building is very well maintained, featuring a newer roof, fresh exterior paint, and updated HVAC and sewer systems.
Investment highlights
Seller carry terms available
100% leased mixed-use building
3,498 SF retail restaurant & 3,136 SF multifamily
Four 1 bedroom & three studio apartments
Updated roof, HVAC, and paint
Average Daily Traffic: 8,918
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