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4331 NE Killingsworth St, Portland, OR 97218

$2,100,000

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Property Description

In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland's steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.

4331 NE Killingsworth St | MLS# 335570176

This commercial property located at 4331 NE Killingsworth St, Portland, OR 97218 is currently listed for sale with an asking price of $2,100,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Central Air
Fuel Type: Electricity, Gas
Heating: Forced Air
Roof Type: Flat
Stories: 1.0
Taxes: $9,354
Year Built: 1971
Square Feet: 6,520

Feature Descriptions

Days on Site: 38
Gross Income: $112740.00 (Actual)
Miscellaneous Features: AccessibleDoors, AccessibleEntrance, DisplayWindow, InsideStorage, OneLevel, Sign
Operating Expenses: $13954.00 (Actual)
Parking Notes: OnSite, Paved
Present Use: DryCleaners, Grocery, Restaurant
Road Surface: Paved
Sewer: Public Sewer
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Modern Realty
Agency Phone: 971-340-6636

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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