Portland Mixed-Use

Retail-Commercial for Sale
Catylist Listing ID: 30282103
Property Subtypes: Convenience Store, Mixed Use, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 7,451 SF
Gross Building Area: See Agent
Sale Price: $150,000
Unit Price: $20.13 PSF
Property Use Type: Investment, Business
Usable Size (USF): 5,631 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2018

Overview / Comments

Historic 1905 Portland Mixed-Use property at the corner of N 33rd and Northwestern Parkway.

1- $400* 2- $395 3- $255 608- $345**(vacant) 610- $195
*- This is what the current tenant is paying. A restaurant was located there from 1998 – 2008 and the rent was $700/month
** - This is the new rental rate. Previous tenant was paying $250/month.

Utilities – Two water meters service all 5 units. One services the three in the main building and one services 608 & 610. Separate gas furnaces for Units 1 (downstairs front) & 2 (upstairs front). Unit 3 has an electric, wall mounted heater. 608 & 610 have similar heaters to unit 3.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 010A00820000
Zoning: C-R - Commercial/Residential District

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,422 104,609 227,118
Median Age: 35.04 36.5 36.72
Households: 4,840 43,712 96,945
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