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14055 SE Stark St

Portland, OR 97233
  • $800,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 22188885
Price Reduced
UPDATED: 39 min ago
$800,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,090
    SQFT
  • $383
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1961
County:

School Ratings & Info

Description

Excellent corner lot property on Stark St w/ high traffic. Auto Mechanic shop w/ tire service and a Thai Restaurant. Great opportunity for Investor/Developer/Owner use. Property recently updated exterior w/ Stucco & Fiber Cement Siding. The mechanic shop has an office and two rest rooms. Five year contract w/ two tenants until 2023, each w/ a great payment record and with potential for more income. An excellent cap rate of 7.7%, 5% rent escalation every year. Owner pays only the property taxes.

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. 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 Lux Properties are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-19T11:40:31.397.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Lux Properties and should be independently verified.
www.lux-properties.com/homes/125995257
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14055 SE Stark St Portland, OR 97233

  • Price: $800,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 39 min ago
  • MLS #: 22188885
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,090
SQFT
$383
$/SQFT
1961
Built
Neighborhood:
143-Portland Southeast
County:
Multnomah
Area:
143-Portland Southeast
Property Description
Excellent corner lot property on Stark St w/ high traffic. Auto Mechanic shop w/ tire service and a Thai Restaurant. Great opportunity for Investor/Developer/Owner use. Property recently updated exterior w/ Stucco & Fiber Cement Siding. The mechanic shop has an office and two rest rooms. Five year contract w/ two tenants until 2023, each w/ a great payment record and with potential for more income. An excellent cap rate of 7.7%, 5% rent escalation every year. Owner pays only the property taxes.
Exterior Features

Construction Materials StuccoCement Siding Lot Size 7000 To 9999 Sqft Parking Features On SiteOn Street Road Surface Paved View YN No Water Description Public Water

Interior Features

Heating Description Forced Air

Property Features

Bank Owned YN No Commercial Type Commercial Country Us Current Use AutomotiveRetailRestaurant Equipment Compressor Existing Lease Type 1 - 5 Years Remaining Features FencedInside StorageOffice Fuel Description Gas Price Type List Price Property Condition Existing Sale Includes BuildingEquipmentLand Sewer Description Public Sewer Short Sale YN No Tax Amount 3181.74 Third Party Approval YN No Total Buildings 2 Zoning Cm1

Listing provided courtesy of Keller Williams Sunset Corridor.


Listing content is copyright © 2022 RMLS™, Portland, Oregon. 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 Lux Properties are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-19T11:40:31.397.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Lux Properties and should be independently verified.
 
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15 82nd Drive
Gladstone OR, 97045