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Shopping Strip

Ladd Circle

1990 SE Ladd Ave, Portland, OR 97214

Listing Price: $2,250,000

Cap Rate
3.47%
Gross SF
3,935
Rentable SF
3,935
Price/Gross SF
$571.79
Lot Size
0.16 acres
Year Built
1924

Investment Overview

Marcus & Millichap has been exclusively selected to market for sale Ladd Circle Retail located in Portland, Oregon. The property consists of five, excellently maintained commercial spaces with a strong history of occupancy. The property boasts beautiful Spanish tile awnings, stucco exterior, new HVAC units and new TPO roof.

The property presents some unique opportunities for a new owner due to the current lease schedule. With some month-to-month tenancy, the property is ideally positioned for an owner/user and as a live-work opportunity. The Commercial Residential (CR) zoning allows for retail, office and residential uses.

Investment Highlights

  • Ladd Circle Retail is an iconic, California Mission Style Commercial Building
  • Located in the Heart of Historic Ladds Addition in Southeast Portland
  • New Roof, HVAC and Sewer Line
  • Unique Live/Work Potential
  • Short Term Lease Structure
  • Owner/User Opportunity

Exclusively Listed By

Listing Price: $2,250,000

Cap Rate
3.47%
Gross SF
3,935
Rentable SF
3,935
Price/Gross SF
$571.79
Lot Size
0.16 acres
Year Built
1924

Investment Highlights

  • Ladd Circle Retail is an iconic, California Mission Style Commercial Building
  • Located in the Heart of Historic Ladds Addition in Southeast Portland
  • New Roof, HVAC and Sewer Line
  • Unique Live/Work Potential
  • Short Term Lease Structure
  • Owner/User Opportunity

Investment Overview

Marcus & Millichap has been exclusively selected to market for sale Ladd Circle Retail located in Portland, Oregon. The property consists of five, excellently maintained commercial spaces with a strong history of occupancy. The property boasts beautiful Spanish tile awnings, stucco exterior, new HVAC units and new TPO roof.

The property presents some unique opportunities for a new owner due to the current lease schedule. With some month-to-month tenancy, the property is ideally positioned for an owner/user and as a live-work opportunity. The Commercial Residential (CR) zoning allows for retail, office and residential uses.

Exclusively Listed By

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