Skip to main content

Vacant-User

11917 SE Stark Retail Warehouse

11917 SE Stark St, Portland, OR 97216

Listing Price: $1,250,000

Cap Rate
1.20%
Gross SF
6,850
Rentable SF
3,750
Price/Gross SF
$182.48
Lot Size
0.44 acres
Year Built
1948

Investment Overview

First time on market in over 40 years! 11917 SE Stark St presents an opportunity for an investor to utilize the existing income from the retail storefront building with warehouse space while leasing up the wood framed former salon building. Much of the site is yard space with a detached garage, perfect for an owner user or could be leased to a 3rd tenant. The rectangular corner site near the busy intersection at SE 122nd & Stark has desirable CM2 mixed use zoning and can be developed in a variety of ways including buildings of 4-5 stories.

Investment Highlights

  • 19,000 SF Mixed Use corner lot with 100' frontage on busy SE Stark St. located in 2022 Qualified Census Tract (QCT)
  • Building 1 - wood framed former salon perfect for restaurant, shop, dispensary or professional office Building 2 - single story masonry retail storefront / warehouse leased to A-NW Window & Siding
  • 4-5 story development potential with CM2 zoning which allows for multifamily, retail, office and light industrial

Exclusively Listed By

Financing By

Vacant-User

11917 SE Stark Retail Warehouse

Listing Price: $1,250,000

Cap Rate
1.20%
Gross SF
6,850
Rentable SF
3,750
Price/Gross SF
$182.48
Lot Size
0.44 acres
Year Built
1948

Investment Highlights

  • 19,000 SF Mixed Use corner lot with 100' frontage on busy SE Stark St. located in 2022 Qualified Census Tract (QCT)
  • Building 1 - wood framed former salon perfect for restaurant, shop, dispensary or professional office Building 2 - single story masonry retail storefront / warehouse leased to A-NW Window & Siding
  • 4-5 story development potential with CM2 zoning which allows for multifamily, retail, office and light industrial

Investment Overview

First time on market in over 40 years! 11917 SE Stark St presents an opportunity for an investor to utilize the existing income from the retail storefront building with warehouse space while leasing up the wood framed former salon building. Much of the site is yard space with a detached garage, perfect for an owner user or could be leased to a 3rd tenant. The rectangular corner site near the busy intersection at SE 122nd & Stark has desirable CM2 mixed use zoning and can be developed in a variety of ways including buildings of 4-5 stories.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower