Map of Property

FOR SALE: PRIME CANNABIS PROPERTY

For Sale

4509-4511 SE Caesar Chavez, Portland, OR 97202

This Portland property for sale is located at 4509-4511 SE Caesar Chavez. The current listed sale price for FOR SALE: PRIME CANNABIS PROPERTY is $2,000,000. FOR SALE: PRIME CANNABIS PROPERTY is situated on a lot that is 0.32 acre in size.

Contacts

broker
Rich Karlson

Tradition Real Estate Partners

Property Details

  • Property Type Retail - Street Retail
  • Property Size 3,760 SF
  • Lot Size 0.32 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Dec 10, 2024
Located on the SW corner of Caesar Chavez Blvd & SE Holgate.Oregon Bud Company is the current tenant occupying approx. 1/2 of the building. The other 1/2 is currently vacant and office tenant ready. The Oregon Bud Company is the Seller and is willing to stay in place with guaranteed rents for the investment buyer or vacate with adequate notice for an owner user buyer. The flexible CM1 Zone allows for multiple uses to occupy either the entire building or the remaining 50% with uses such as Medical, Daycare, Religious and Schools.
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Highlights

  • Sale Price $2,000,000
  • 50% Occupied
  • In Place Revenue - $120,000/yr
  • Proforma Revenue - $40,000 Upside
  • Proforma NOI - $144,000
  • Proforma Cap - $7.2%
  • 3,778SF
  • .315 Acre Lot
  • Corner Lot
  • Built 1958

Attachments

Getting around

  • 80/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 87/100

    Bike Score ®

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Location

  • City Portland, OR
  • Neighborhood Creston - Kenilworth
  • Zip Code 97202
  • Market Portland

Points of Interest

  • Southeast Water/OMSI

    2.27 miles

  • Southeast Grand & Mill

    2.27 miles

  • Oaks Park

    2.28 miles

  • Southeast Martin Luther King & Mill

    2.31 miles

  • Bancroft Street

    2.41 miles

  • Southeast Martin Luther King & Taylor

    2.52 miles

  • Southeast Holgate Boulevard

    2.73 miles

  • Southeast Powell Boulevard

    2.75 miles

  • Lents Town Center/Southeast Foster Road

    2.80 miles

  • Marquam Hill

    3.04 miles

  • Astro

    0.18 miles

  • Blink

    0.74 miles

  • Shell

    0.75 miles

  • Pacific Pride

    0.84 miles

  • 76

    0.94 miles

  • Chevron

    1.04 miles

  • Space Age

    1.24 miles

  • Mobil

    1.28 miles

  • Electrify America

    1.56 miles

  • PGE Electric Avenue Eastport Plaza

    2.20 miles

  • North Parking

    0.66 miles

  • East Parking

    0.77 miles

  • West Parking

    0.92 miles

  • East Lot

    1.21 miles

  • South Lot

    1.29 miles

  • North Lot

    1.30 miles

  • Oaks Bottom Trail Head

    1.38 miles

  • Kern Park Christian Church

    1.47 miles

  • Fraternal Order of Eagles #3256

    1.53 miles

  • Red's parking lot

    1.57 miles

  • Nostrana

    0.09 miles

  • Hapa PDX Ramen & Whiskey

    0.16 miles

  • Gladstone Street Pizza

    0.18 miles

  • Wingstop

    0.41 miles

  • Chipotle

    0.43 miles

  • The Original Food Cart Pod

    0.43 miles

  • Tecos

    0.47 miles

  • DeNicola's

    0.49 miles

  • Ho Ho

    0.51 miles

  • Pho Hung

    0.63 miles

  • Trader Joe's

    0.15 miles

  • Safeway

    0.42 miles

  • Natural Grocers

    0.50 miles

  • Bi-Mart

    0.77 miles

  • New Seasons Market

    0.89 miles

  • Bread & Roses Market

    1.24 miles

  • People's Food Co-op

    1.28 miles

  • Yesenia's Market

    1.40 miles

  • Montelupo Italian Market

    1.77 miles

  • Cali Saigon Mall

    2.11 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Rich Karlson

Tradition Real Estate Partners