For Sale or Lease Close in Eastside

712 SE 7th presents a unique opportunity to own a 12,735/SF on an 18,000/SF EX zoned lot located in the heart of the central eastside.

The building is approximately 30 percent leased, and the secured fenced parking lot is partially leased. 3,820/SF of the building is lease through September 2027 with $50,000 in annual NOI, in addition to $28,800 in NOI from various parking lot leases.

The vacant 8,375/SF studio space has excellent visibility to SE 7th coupled with the flexible EX mixed uses zone make this ideal space for retail/commercial uses such as a sales showroom, brewery, all types of exercises studios as well production uses all of which are allowed in the EX zone.

The EX-zone allows a full range of high density, commercial, institutional, and residential uses. The 18,000/SF lot could support a substantial mixed use residential development.