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700-708 N Killingsworth St - Campus Apartments

5,203 SF Retail Unit Offered at £987,958 in Portland, OR 97217

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Investment Highlights

Ability to divide into 2 or 3 spaces or utilize as a single space with three street front entrances
HOA includes maintenance for the building envelope, roof, water, sewer, garbage, and exterior lighting
High 13'8" ceilings & 9" Basement ceilings

Across from Portland Community College & 1 Block from Jefferson High School
Newly converted condominium building with 14 renovated residential units
Two restrooms and a kitchenette

Property Facts

Price	£987,958	Sale Type	Investment or Owner User
Unit Size	5,203 SF	Building Class	C
No. Units	1	Number of Floors	3
Total Building Size	16,042 SF	Typical Floor Size	5,347 SF
Property Type	Residential (Unit)	Year Built	1913
Property Subtype	Apartment General Retail Storefront Retail/Residential	Lot Size	0.11 AC

Price	£987,958
Unit Size	5,203 SF
No. Units	1
Total Building Size	16,042 SF
Property Type	Residential (Unit)
Property Subtype	Apartment General Retail Storefront Retail/Residential
Sale Type	Investment or Owner User
Building Class	C
Number of Floors	3
Typical Floor Size	5,347 SF
Year Built	1913
Lot Size	0.11 AC

1 Unit Available

Unit Retail

Unit Size	5,203 SF	Unit Use	Retail
Price	£987,958	Sale Type	Investment or Owner User
Price Per SF	£189.88

Unit Size	5,203 SF
Price	£987,958
Price Per SF	£189.88
Unit Use	Retail
Sale Type	Investment or Owner User

Description

This 5,203 SF retail condo at 700 N Killingsworth Street offers a versatile and spacious layout ideal for a variety of businesses. The ground floor spans 3,496 SF and features two large storefront areas with floor-to-ceiling windows, four private offices, a kitchenette, and two single-user restrooms. With three separate entrances, the space provides flexibility for different configurations or multiple tenants. Additionally, the property includes a substantial 1,707 SF basement with 9-foot ceilings, perfect for storage or additional operational space. The building’s upper floors house 14 recently renovated and condominiumized residential units, enhancing the property’s appeal in the dynamic North Portland market. Tall ceilings throughout the property create an open, airy atmosphere, making this an exceptional opportunity for owner-users or investors.

Sale Notes

This property is a standout opportunity for both investors and owner-users. The flexible layout allows the space to be divided into 2 or 3 separate tenant areas, each with its own entrance, or it can be utilized as one expansive space, depending on your needs. This versatility maximizes rental income potential for investors while providing owner-users with the ability to tailor the space to their specific business requirements.
HOA Details: The property is part of an HOA that includes maintenance for the building envelope and roof, water, sewer, garbage, and exterior lighting. This ensures that the property is well-maintained, reducing the burden of upkeep for both investors and owner-users, allowing them to focus on their business operations or investment returns.