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Vacant-User

10k SF Mixed-Use Land and Vet Clinic

11016 NE Sandy Blvd, Portland, OR 97220

Listing Price: $600,000

Gross SF
1,880
Rentable SF
1,880
Price/Gross SF
$319.15
Lot Size
0.11 acres
Year Built
1928

Investment Overview

11016 NE Sandy Boulevard, Portland, OR. The property is a 1,800 square foot, with fully renovated basement property currently operating as a veterinary clinic. The property is situated on two, 5,000 square foot parcels zoned commercial mixed-use 2, CM2, which allows for a variety of uses and redevelopment opportunity, including multifamily, retail, commercial, and more. (for more information regarding FAR, and potential uses, please see following pages). There is a pylon pole sign. There is plentiful onsite paved parking with approximately 10 parking spaces. The yard is well maintained with mature trees, shrubs, and bark for easier maintenance year-round. The backyard is beautiful with additional storage, eating area, and potential garden. The property was originally constructed in 1928 as a 3-bedroom, 1.5-bathroom house. Since, the owner has significantly renovated the property to operate a veterinary clinic. There is additional storage available with a standalone built-out garage. The yard and property are fenced with cedar fencing. The upstairs rooms are used primarily as storage and could easily be converted into a residential live-work opportunity. The basement has been converted into a high-quality lab and operating room, with storage, kitchen, open space, and more. There is a separate entrance from the back of the building that can access the basement allowing this space to also easily be converted into a residential use, including AirBNB, apartment, etc.

The property is situated on a corner lot on NE 110th Avenue and busy main retail/commercial thoroughfare NE Sandy Boulevard. The property benefits from its high visibility and signage along Sandy Boulevard where there are approximately, 24,000+ VPD. The property is near several amenities that benefit both commercial and multifamily uses, including restaurants, shopping, grocery, parks and schools. Restaurants in the area include, Bills Steak House and Lounge, Subway, Good World, and more. Grocery in the immediate area is Rossi Farms, Grocery Outlet, and more. The property is in proximity to Rocky Butte Natural area, Joseph Wood Hill Park, and more.

The property is ideal for multiple buyer profiles. An owner/user may purchase the property for commercial use, either as a turnkey veterinary clinic, or other office/medical related use, and begin quickly after acquisition. Alternately, a developer could purchase the property and build multifamily or mixed-use multifamily with the CM2 zoning. Additionally, an investor may choose to live/work, or rent out the rooms and basement area as either residential rooms or Airbnb for more income.

Investment Highlights

  • Turnkey Owner/user Veterinary Clinic or Commercial
  • 10,000 SF Lot, Zoned CM2, Ideal for Multifamily, Mixed-use or Commercial Development
  • Corner Lot on NE Sandy Blvd with 24,000+ VPD
  • Multiple Buyer Profiles for Owner/user, Live/work, Multifamily Redevelopment and more

Exclusively Listed By

Vacant-User

10k SF Mixed-Use Land and Vet Clinic

Listing Price: $600,000

Gross SF
1,880
Rentable SF
1,880
Price/Gross SF
$319.15
Lot Size
0.11 acres
Year Built
1928

Investment Highlights

  • Turnkey Owner/user Veterinary Clinic or Commercial
  • 10,000 SF Lot, Zoned CM2, Ideal for Multifamily, Mixed-use or Commercial Development
  • Corner Lot on NE Sandy Blvd with 24,000+ VPD
  • Multiple Buyer Profiles for Owner/user, Live/work, Multifamily Redevelopment and more

Investment Overview

11016 NE Sandy Boulevard, Portland, OR. The property is a 1,800 square foot, with fully renovated basement property currently operating as a veterinary clinic. The property is situated on two, 5,000 square foot parcels zoned commercial mixed-use 2, CM2, which allows for a variety of uses and redevelopment opportunity, including multifamily, retail, commercial, and more. (for more information regarding FAR, and potential uses, please see following pages). There is a pylon pole sign. There is plentiful onsite paved parking with approximately 10 parking spaces. The yard is well maintained with mature trees, shrubs, and bark for easier maintenance year-round. The backyard is beautiful with additional storage, eating area, and potential garden. The property was originally constructed in 1928 as a 3-bedroom, 1.5-bathroom house. Since, the owner has significantly renovated the property to operate a veterinary clinic. There is additional storage available with a standalone built-out garage. The yard and property are fenced with cedar fencing. The upstairs rooms are used primarily as storage and could easily be converted into a residential live-work opportunity. The basement has been converted into a high-quality lab and operating room, with storage, kitchen, open space, and more. There is a separate entrance from the back of the building that can access the basement allowing this space to also easily be converted into a residential use, including AirBNB, apartment, etc.

The property is situated on a corner lot on NE 110th Avenue and busy main retail/commercial thoroughfare NE Sandy Boulevard. The property benefits from its high visibility and signage along Sandy Boulevard where there are approximately, 24,000+ VPD. The property is near several amenities that benefit both commercial and multifamily uses, including restaurants, shopping, grocery, parks and schools. Restaurants in the area include, Bills Steak House and Lounge, Subway, Good World, and more. Grocery in the immediate area is Rossi Farms, Grocery Outlet, and more. The property is in proximity to Rocky Butte Natural area, Joseph Wood Hill Park, and more.

The property is ideal for multiple buyer profiles. An owner/user may purchase the property for commercial use, either as a turnkey veterinary clinic, or other office/medical related use, and begin quickly after acquisition. Alternately, a developer could purchase the property and build multifamily or mixed-use multifamily with the CM2 zoning. Additionally, an investor may choose to live/work, or rent out the rooms and basement area as either residential rooms or Airbnb for more income.

Exclusively Listed By

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