11121 NE HALSEY ST

Portland, OR 97220

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.

Listing courtesy of Makayla Mast of Cascade Hasson Sotheby's International Realty 5039292503



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This content last updated on 2024-10-29 05:00 PM PDT.

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