- For Sale $2,000,000
- Property Type Retail - Street Retail
- Property Size 3,760 SF
- Lot Size 0.32 Acre
- Property Tenancy Multi-Tenant
- Date Updated May 14, 2026
Description
Located on the SW corner of Caesar Chavez Blvd & SE Holgate.Oregon Bud Company is the current tenant occupying approx. 1/2 of the building. The other 1/2 is currently vacant and office tenant ready. The Oregon Bud Company is the Seller and is willing to stay in place with guaranteed rents for the investment buyer or vacate with adequate notice for an owner user buyer. The flexible CM1 Zone allows for multiple uses to occupy either the entire building or the remaining 50% with uses such as Medical, Daycare, Religious and Schools.
Highlights
- .315 Acre Lot
- 3,778SF
- 50% Occupied
- Built 1958
- Corner Lot
- In Place Revenue - $120,000/yr
- Proforma Cap - $7.2%
- Proforma NOI - $144,000
- Proforma Revenue - $40,000 Upside
- Sale Price $2,000,000
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Contacts
Rich Karlson
Tradition Real Estate Partners
Location
Located at 4509-4511 SE Caesar Chavez, Portland, OR 97202, this property is part of the Creston - Kenilworth neighborhood and Portland market.
Contact Listing Broker
Rich Karlson
Tradition Real Estate Partners
