FOR SALE: PRIME CANNABIS PROPERTY

4509-4511 SE Caesar Chavez, Portland, OR 97202

  • For Sale $2,000,000
  • Property Type Retail - Street Retail
  • Property Size 3,760 SF
  • Lot Size 0.32 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 27, 2024
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.

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Attachments

Highlights

  • Sale Price $2,000,000
  • 50% Occupied
  • In Place Revenue - $120,000/yr
  • Proforma Revenue - $40,000 Upside
  • Proforma NOI - $144,000
  • Proforma Cap - $7.2%
  • 3,778SF
  • .315 Acre Lot
  • Corner Lot
  • Built 1958

Contacts

broker

Rich Karlson

Tradition Real Estate Partners

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable
  • Transit Score ®

    50/100 Good Transit
  • Bike Score ®

    87/100 Very Bikeable
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Creston - Kenilworth
  • Zip Code 97202
  • Market Portland

Points of Interest

  • Southeast Water/OMSI

    2.27 miles

  • Southeast Grand & Mill

    2.27 miles

  • Oaks Park

    2.28 miles

  • Southeast Martin Luther King & Mill

    2.31 miles

  • Bancroft Street

    2.41 miles

  • Southeast Martin Luther King & Taylor

    2.52 miles

  • Southeast Holgate Boulevard

    2.73 miles

  • Southeast Powell Boulevard

    2.75 miles

  • Lents Town Center/Southeast Foster Road

    2.80 miles

  • Marquam Hill

    3.04 miles

  • Astro

    0.18 miles

  • Blink

    0.74 miles

  • Shell

    0.75 miles

  • Pacific Pride

    0.84 miles

  • 76

    0.94 miles

  • Chevron

    1.04 miles

  • Space Age

    1.24 miles

  • Mobil

    1.28 miles

  • Electrify America

    1.56 miles

  • PGE Electric Avenue Eastport Plaza

    2.20 miles

  • North Parking

    0.66 miles

  • East Parking

    0.77 miles

  • West Parking

    0.92 miles

  • East Lot

    1.21 miles

  • South Lot

    1.29 miles

  • North Lot

    1.30 miles

  • Oaks Bottom Trail Head

    1.38 miles

  • Kern Park Christian Church

    1.47 miles

  • Fraternal Order of Eagles #3256

    1.53 miles

  • Red's parking lot

    1.57 miles

  • Nostrana

    0.09 miles

  • Hapa PDX Ramen & Whiskey

    0.16 miles

  • Gladstone Street Pizza

    0.18 miles

  • Wingstop

    0.41 miles

  • Chipotle

    0.43 miles

  • The Original Food Cart Pod

    0.43 miles

  • Tecos

    0.47 miles

  • DeNicola's

    0.49 miles

  • Ho Ho

    0.51 miles

  • Pho Hung

    0.63 miles

  • Trader Joe's

    0.15 miles

  • Safeway

    0.42 miles

  • Natural Grocers

    0.50 miles

  • Bi-Mart

    0.77 miles

  • New Seasons Market

    0.89 miles

  • Bread & Roses Market

    1.24 miles

  • People's Food Co-op

    1.28 miles

  • Yesenia's Market

    1.40 miles

  • Montelupo Italian Market

    1.77 miles

  • Cali Saigon Mall

    2.11 miles

Frequently Asked Questions

How much does FOR SALE: PRIME CANNABIS PROPERTY cost?

The space currently listed for sale at FOR SALE: PRIME CANNABIS PROPERTY asks for $2,000,000.

What is the total square footage of FOR SALE: PRIME CANNABIS PROPERTY?

FOR SALE: PRIME CANNABIS PROPERTY totals 3,760 square feet.

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Contact Listing Broker

broker

Rich Karlson

Tradition Real Estate Partners