Map of Property

For Sale

FOR SALE: PRIME CANNABIS PROPERTY

4509-4511 SE Caesar Chavez, Portland, OR 97202

Located on the SW corner of Caesar Chavez Blvd & SE Holgate.Oregon Bud Company is the current tenant occupying approx. 1/2 of the building. The other 1/2 is currently vacant and office tenant ready. The Oregon Bud Company is the Seller and is willing to stay in place with guaranteed rents for the investment buyer or vacate with adequate notice for an owner user buyer. The flexible CM1 Zone allows for multiple uses to occupy either the entire building or the remaining 50% with uses such as Medical, Daycare, Religious and Schools.

Key features

  • Sale Price $2,000,000
  • 50% Occupied
  • In Place Revenue - $120,000/yr
  • Proforma Revenue - $40,000 Upside
  • Proforma NOI - $144,000
  • Proforma Cap - $7.2%
  • 3,778SF
  • .315 Acre Lot
  • Corner Lot
  • Built 1958
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Rich Karlson

Tradition Real Estate Partners

Building Details

  • For Sale $2,000,000
  • Property Type Retail - Street Retail
  • Property Size 3,760 SF
  • Lot Size 0.32 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jan 23, 2025

Attachments

Getting Around

  • Walk Score ®

    Very Walkable (80)

  • Transit Score ®

    Good Transit (50)

  • Bike Score ®

    Very Bikeable (87)
Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Creston - Kenilworth
  • Zip Code 97202
  • Market Portland

Points of Interest

Southeast Grand & Mill

2.27 miles

Oaks Park

2.28 miles

Southeast Martin Luther King & Mill

2.31 miles

Bancroft Street

2.41 miles

Southeast Martin Luther King & Taylor

2.52 miles

Southeast Holgate Boulevard

2.73 miles

Southeast Powell Boulevard

2.75 miles

Lents Town Center/Southeast Foster Road

2.80 miles

Marquam Hill

3.04 miles

Blink

0.74 miles

Shell

0.75 miles

Pacific Pride

0.84 miles

76

0.94 miles

Chevron

1.04 miles

Space Age

1.24 miles

Mobil

1.28 miles

Electrify America

1.56 miles

PGE Electric Avenue Eastport Plaza

2.20 miles

East Parking

0.77 miles

West Parking

0.92 miles

East Lot

1.21 miles

South Lot

1.29 miles

North Lot

1.30 miles

Oaks Bottom Trail Head

1.38 miles

Kern Park Christian Church

1.47 miles

Fraternal Order of Eagles #3256

1.53 miles

Red's parking lot

1.57 miles

Safeway

0.42 miles

Natural Grocers

0.50 miles

Bi-Mart

0.77 miles

New Seasons Market

0.89 miles

Bread & Roses Market

1.24 miles

People's Food Co-op

1.28 miles

Yesenia's Market

1.40 miles

Montelupo Italian Market

1.77 miles

Cali Saigon Mall

2.11 miles

4509-4511 SE Caesar Chavez Listing Summary

  • What is the asking price at FOR SALE: PRIME CANNABIS PROPERTY?

    FOR SALE: PRIME CANNABIS PROPERTY is currently listed for sale at $2,000,000.

  • What is the total size of FOR SALE: PRIME CANNABIS PROPERTY?

    FOR SALE: PRIME CANNABIS PROPERTY has a total of 3,760 square feet.

Contact Listing Broker
broker
Rich Karlson

Tradition Real Estate Partners

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