Address
14055 SE STARK ST Portland, OR
Price
$ 799,950
Property Attributes
  • MLS#21427799
  • TypeCommercial
  • CountyMULTNOMAH
  • CityPortland
  • AreaPortland Southeast
  • Zip97233
  • StyleCommercial
  • Year Built1961
  • Taxes$ 3181
  • Price$ 799,950
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2090
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Keller Williams Sunset Corridor
Data Source:
Regional Multiple Listing Service (RMLSOR)
Property Description

Please Don't Disturb tenants. Write your offer subject to interior inspection. Excellent property at corner lot on Stark Street with high traffic. Auto Mechanic shop with tire service/ Thai restaurant. Great opportunity for Investor/Developer/Owner use. The mechanic shop has an office and two rest rooms. Five year contract with two tenants until 2023, each with a great payment record. An excellent cap rate of 7.83%. 5% rent escalation every year. Owner pays only the property taxes.

Price History
4/22/2021 Listed $856,633
6/25/2021 2% - $841,222
9/21/2021 5% - $799,950

General Features

Current Use Automotive, Restaurant
Features Fenced
Heating Forced Air
MLS Area Portland Southeast
Property SubType Commercial
Property Type Commercial
Sewer Public Sewer
Terms Cash, Conventional
Video Tour Y/N Yes
Virtual Tour https://vimeo.com/539260789
Zoning CM1

Interior Features

Fueldescription Gas
Sqftapproximategross 2090

Exterior Features

Lot Size 7, 000 to 9, 999 SqFt
Lot Size Acres 0.20
Number of Buildings 2
Road Surface Type Paved
View Y/N No
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 97233

Price
AVG $820K
$800K
Taxes
AVG $3,994
$3,181
Visits
AVG 119
129
Year Built
AVG 1954
1961
Walkscore
AVG 65
68
Data Provided by Walkscore ® not using MLS data

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