8536 SE Stark Street
8536 SE Stark Street, Portland, OR 97216
$585,000
Price
$195,000
Price Per Unit
3
Number of Units
2,193
Building SF
5,000
Land SF
1923
Year Built
Constant Commercial Real Estate is pleased to present 8536 SE Stark Street, a mixed-use property with 2,193 SF above grade plus a basement, on a ±0.11-acre (±5,000 SF) lot in Portland's Montavilla neighborhood. The building has two street-facing commercial spaces and a residential unit in the rear. It sits just east of the Montavilla business district, with quick access to SE 82nd Avenue and I-205. The property is currently occupied under a month-to-month master lease, with in-place income well below market. That gives the next owner a clear path to reposition the asset and set rents on their own terms.
The property is located in the Montavilla neighborhood of Portland, known for its diverse community and vibrant local businesses such as The Observatory and Vintage Cocktail Lounge.
Montavilla is characterized by its close proximity to amenities such as Montavilla Park, where residents can enjoy outdoor activities and community events.
The neighborhood has seen a recent surge in redevelopment projects, attracting new businesses and residents to the area, including the popular Italian restaurant, Flying Pie Pizzeria.
SE Stark Street, where the property is situated, is a bustling commercial corridor with a mix of retail shops, restaurants, and services, providing ample foot traffic and visibility for businesses.
Montavilla has a strong sense of community, with local organizations like the Montavilla Initiative working to support small businesses and promote neighborhood events, adding to the area's appeal and desirability for potential investors.
Cory Carlson
President
(503) 222-0282
cory@constantcommercial.com
201226331
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