Active

11121 NE HALSEY ST

Portland OR, 97220

$1,350,000


$336.24 per sqft

Active

4,015 sqft

Commercial

Built in 1955

Courtesy of Cascade Hasson Sotheby's International Realty

Cap rate 11.4%. Incredible opportunity to own a business with 75 feet of prime street frontage on NE Halsey. The main space currently operates as an owner-run hair salon, and the business is also available for sale - contact the listing broker for more details. Additionally, there are two separate small spaces (not pictured, approximately one-third of the total square footage) rented to reliable tenants: a nail technician at $700/month and a cleaning business at $825/month. This property features 13 parking spaces, a rare find in the area. It has been in the family for over 40 years and is meticulously maintained. The parking lot is sealed annually, the HVAC system is newer and serviced twice a year, and a new roof is being installed this summer. With ample plumbing in the salon, there is significant potential for various uses. The property is ADA accessible and has impressive scores: Bike Score of 93 and Walk Score of 85. Please respect the no-trespassing policy - contact the listing broker to schedule a showing.

24648159

MLS ID

July 19, 2024

Listed

December 21, 2024

Updated

Map

11121 NE HALSEY ST
Portland OR, 97220

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air 90

Exterior/Building Features

Lot Size

0.24 Acres


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

_142


Taxes

$10,415


Tax Frequency

Annually


Days on Market

155


Garage

No


Parking

Off Street


Parking Total

13


View

No


County

Multnomah


Water Source

Public Water


Pool

No


Zoning

CM2

Listing Courtesy of Cascade Hasson Sotheby's International Realty, Makayla Mast. 503-929-2503

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Wings NW Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 12/21/2024, 7:39 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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