Retail Property for Sale in Portland, OR
Former Sheridan Fruit Building
409 SE Martin Luther King Jr Blvd, Portland, OR 97214
Price
$2,500,000
Listing Information
- Listing Type Retail
- Cap Rate -
- Water -
- Other Utilities -
- Dock High Doors -
- Doors Grade -
- Condo SF -
Property Information
- Property Type Retail
- Year Built/Reno. 1929 / 1973
- Parcel # 1N1E34DD 04700
- Zoning IG1
One of the most recognized properties is Portland’s Close-In Eastside. A rare combination of primary access, exposure, parking and signage in Close-In Eastside Portland. The property is well suited for continued grocery/market use, restaurants, retail sales such as furniture, bicycles, motorcycle/scooters, sporting goods, and home improvement. Located just across the Willamette River from the Portland CBD adjacent to the highly touted Burnside Bridgehead development. The site’s prime exposure and centralized location facilitate both neighborhood and destination-oriented uses. The building is currently laid out for showroom in the front portion and supporting warehouse/production in the rear, including dock-high truck loading. The building also includes a small mezzanine approximately 50/50 office and storage.