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3625 Ne M L King BoulevardPortland, OR 97212Price: $1,495,000

  • Price: $1,495,000
  • 42 Days on Market
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Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,495,000List Price
  • 0.2Acreage
  • 8,695Square Feet
Listed by Alexandru Ianos of Ianos Realty
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This food-cart pod is a wonderful investment for anyone looking for a cash flowing property with tremendous development potential given the CM2 zoning. Perfectly nestled between the Alameda, Irvington, and Boise neighborhoods in NE Portland, the property generously produces income as a food cart pod, but has great upside as a mixed use development. As a food cart pod, the site can comfortably fit 10 carts, has all utilities required to be up to current code (water, sewer, power, in-ground grease interceptor, etc) and makes for an attractive location for food-service tenants. This property makes financial sense to be kept as a food cart pod and also for future development. Seller would consider carrying a note under the right circumstances.

Property Details of 3625 Ne M L King Boulevard

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Community, Market, Schools, Walkability statistics and info below provided by third party Faraday:

Portland, OR Demographics

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Based on information submitted to OR_RMLS_WEB_API as of February 26, 2024 7:44 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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