11121 NE HALSEY ST Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97220
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,015 sqft
Price per Sqft $336
MLS Listing ID 24648159
Year Built 1955
Annual Tax Amount $10,415
Tax Year 2024
Lot Size 10,454 Sqft
Property Description
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.
Location
State OR
County Multnomah
Area _142
Zoning CM2
Interior
Heating Forced Air90
Cooling Central Air
Equipment SmokeDetector
Exterior
Roof Type Flat
Building
Story 1
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional