- ADDRESS:
- 421 NE BURNSIDE RD Gresham, OR 97030
- VIDEOS:
- Virtual Tour Print this Listing
- Price:
- $3,500,000
- Ft²:
- 15500
- Acres:
- 1.78
- MLS#:
- 649165861
- Lot Size:
- 1 to 2.99 Acres
- Zone:
- DCL
- County:
- Multnomah
- Style:
- 1 Story
- Yr Built:
- 1978
- Status:
- Active
- Levels:
- 1
- Heat:
- Forced Air
- Roof:
- Flat, Membrane
- Area:
- Gresham, Sandy, Troutdale, Corbett
- Courtesy of:
- Kohler Meyers O'Halloran Inc.
- Remarks:
- This well established, well maintained, and fully leased multi-tenant commercial property in Gresham, OR offers a strong investment opportunity. Featuring 7 fully leased spaces, the property is home to a diverse mix of tenants: Retail, PersonalServices, and Food Services. Cascadia Center is located in a highly visible location along NE Burnside Road, a main Gresham throughway. Gresham High School, Les Schwab, Rivermark Bank, Auto Zone, and Goodwill, along with many popular fast food and food service businesses, surround the Cascadia Center complex. Travelers to Mt. Hood and Central Oregon use NE Burnside Rd. to reach their destinations. To the North is a large residential neighborhood.This location truly captures both local and commuter traffic.There are 37 parking spaces fronting Cascadia Center with driveway access from both NE Burnside Rd. and signaled NE Kelly Avenue. The stable rent roll offers a reliable income stream and a solid return on investment. This is a rare opportunity toown a fully leased, income generating asset in a prime location, just down the street from incoming Trader Joe’s.