Rare opportunity to buy an investment property in prime location. It is located in a busy corner of SE 20th and Stark street. The lease is 5 years and two 5 year options with NNN. Busy grocery store is occupying the premises. It has 6 parking on the premises and has street parking too.The parking is more than enought. Most customers don't drive. The current rent is $3,300 and the rent goes up by 2% a year.The building is 2,846 SF: the main level is about 1,846 SF and has about 1,000 SF of basement which has 2 bedrooms and 1 bath.It can't be rented because it doesn't have legal sized egress, ingress windows.
Listing Provided Courtesy of Jessica Hur, RE/MAX Equity Group
General Information
500888665
Commercial
59
DOM
5662.8 SqFt
2846
1925
CM1
Multnomah
R155991
CommercialSale
Commercial
ELIZA J MURPHYS ADD, BLOCK 5, LOT 14&15 TL 17600
Listing Provided Courtesy of Jessica Hur, RE/MAX Equity Group
Krishna Realty data last checked: Jul 26, 2025 15:45 | Listing last modified Jul 04, 2025 20:51,
Source:
Rare opportunity to buy an investment property in prime location. It is located in a busy corner of SE 20th and Stark street. The lease is 5 years and two 5 year options with NNN. Busy grocery store is occupying the premises. It has 6 parking on the premises and has street parking too.The parking is more than enought. Most customers don't drive. The current rent is $3,300 and the rent goes up by 2% a year.The building is 2,846 SF: the main level is about 1,846 SF and has about 1,000 SF of basement which has 2 bedrooms and 1 bath.It can't be rented because it doesn't have legal sized egress, ingress windows.