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Mixed-Use

432 NE Dekum St

432 NE Dekum St, Portland, OR 97211

Listing Price: $900,000

Number of Suites
3
Rentable SF
3,652
Lot Size
0.12 acres
Year Built
1910

Investment Overview

Marcus & Millichap is pleased to present this multi-tenant retail property located on Northeast Dekum Street in Portland, Oregon. Built in 1910, this 3,652 square foot property is two stories and zoned CM2. This zoning allows for retail, office, or residential usage providing flexibility to an owner. This property is best suited for an owner-user or developer as the property will be delivered mostly vacant upon sale. This property benefits from additional income from a salon located in the small 216 square foot building on the Southeast corner. There is also the option to add a food cart/tiny home on the property with the hook-ups and ground work already in place. This property is located in the Woodlawn neighborhood of Northeast Portland. This area has been highly active in the past few years with the neighboring properties to the West, North, and Northeast being recently developed into apartments. As well as additional traffic from being next to MLK Jr Blvd.

Investment Highlights

  • Owner-user, investment, or redevelopment opportunity
  • Surrounded by several new apartment complexes
  • Benefits from traffic from NE MLK Jr Blvd
  • Located in attractive Woodlawn neighborhood

Exclusively Listed By

Mixed-Use

432 NE Dekum St

Listing Price: $900,000

Number of Suites
3
Rentable SF
3,652
Lot Size
0.12 acres
Year Built
1910

Investment Highlights

  • Owner-user, investment, or redevelopment opportunity
  • Surrounded by several new apartment complexes
  • Benefits from traffic from NE MLK Jr Blvd
  • Located in attractive Woodlawn neighborhood

Investment Overview

Marcus & Millichap is pleased to present this multi-tenant retail property located on Northeast Dekum Street in Portland, Oregon. Built in 1910, this 3,652 square foot property is two stories and zoned CM2. This zoning allows for retail, office, or residential usage providing flexibility to an owner. This property is best suited for an owner-user or developer as the property will be delivered mostly vacant upon sale. This property benefits from additional income from a salon located in the small 216 square foot building on the Southeast corner. There is also the option to add a food cart/tiny home on the property with the hook-ups and ground work already in place. This property is located in the Woodlawn neighborhood of Northeast Portland. This area has been highly active in the past few years with the neighboring properties to the West, North, and Northeast being recently developed into apartments. As well as additional traffic from being next to MLK Jr Blvd.

Exclusively Listed By

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