1200-1218 Killingsworth St, Portland, OR 97217

7,500 SF | Vacant | Retail Building | Portland, OR 97217 | $1,500,000 ($200/SF) | 11.20% Cap Rate

Asking Price $1,500,000

Property Type: Retail
Square Feet: 7,500 SF
Price / Square Foot: $200

Listing Contacts

Property Info

Property Overview

Mixed use building on walkable North Killingsworth Street next to I-5 on-ramp. Approximately 4,500 SF warehouse space with loft/mezzanine and 16 foot high roll-up door at grade level easily accessible to I-5. 7200 cubic foot walk-in freezer can be removed and sold separately. Fully built out bar/restaurant with deluxe pool table, stage and PA system. Separate commercial kitchen with ice cream production equipment. Approximately 3,000 SF of retail space on Killingsworth St. Total land area is 10,000 SF on two corner lots with CM3 mixed-use zoning.

Property Details

Class: C
Year Built/Renovated: 1927/2010
Stories: 1
Property Subtype: Storefront, Distribution, Refrigeration/Cold Storage
Lot Size (sq. ft): 10,019 SF

Highlights

Market cap rate above 11%

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