6433 SE Foster Road
- 100% leased mixed-use building
- Below market rents
- Seller carry terms available
- 3,498 SF retail restaurant & 3,136 SF multifamily
- Five 1 bedroom & two studio apartments
- New roof in 2020, updated HVAC and paint
- Average Daily Traffic: 16,388
Property Description
A 100% occupied mixed-use building in Southeast Portland's Foster-Powell neighborhood. The ground floor is anchored by Bar Carlo, a well-established neighborhood restaurant and popular brunch destination with nearly 20 years of continuous tenancy. The long-term commercial occupancy speaks to the property's strong location and community presence. Above, seven residential units — a mix of studios, one-bedrooms and a two-bedroom — have several long-term tenants with low turnover. The building is very well maintained, featuring a newer roof, fresh exterior paint, and updated HVAC systems.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,475,000 |
| No. of Units: | 8 |
| Year Built: | 1922 |
| Lot Size: | 0.08 Acres |
| Opportunity Zone: | No |
| Price per unit: | $184,375 |
| Property Website | Click Here |
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