Walker's Paradise

1926 NE 40TH AVE

Portland, OR 97212


$850,000

Open House Dates

COMM
5,250 sqft
MLS
17584375
Successful, 3 year est. dispensary business for sale. Approx. $1 million gross trailing 12 mo. Current rent $5350/mo MG. Sales price includes option to purchase building. Building consists of 3 individual retail/mixed use units. Additional income from other tenants as part of option. $500,000 in equity if real estate option exercised. Please DO NOT disturb business. For tour contact Broker first.
Hasson Company Realtors

1-866-905-3063

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Property Details
Price
$850,000
Sub Type
Commercial
Square Feet
5,250
Year Built
1912
Acres
0.11
Lot Square Feet
3,000
Location
County:
Multnomah
Status:
Active
Estimated Taxes:
$4,710
Listing Office:
Berkshire Hathaway HomeServices NW Real Estate
Listing Last Updated:
September 26, 2017 2:15 PM

 Interior
Interior
Heating
Forced Air
Fuel
Electricity

 Exterior
Exterior
Construction
Concrete
Wood

 Lot & Land
Lot & Land
Acres
0.11
Zoning
C2
Sewer
Public
Water
Public
present use
Other


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Hollywood


With a name like Hollywood, this Northeast Portland neighborhood has a lot to live up to, but Portlanders from all over the city agree it more than passes the test. The area was named after the landmark Hollywood Theatre located on Sandy Boulevard, a 1920s staple of Portland.

 

VIBE AND STYLE

This community offers contemporary shopping, living, and outdoor experiences to its visitors and residents alike. A high percentage of homes are rented, creating a vibrant, constantly evolving feel that complements the old-Portland style homes. NE Broadway and Sandy Boulevard are two major streets in the Hollywood neighborhood, which allow for easy transportation while enhancing the urban feel of the community.

 

LOCAL SCENE

The Hollywood Farmer’s Market, one of Portland’s most popular, opens in May and runs through November. The market offers Portlanders the chance to get together, rain or shine, to enjoy fresh food, live music, and great company. The Rose Festival Junior Parade, every June, is another local event, taking place in the heart of the neighborhood. On any given night, one can enjoy all of the restaurants and shopping the neighborhood has to offer.

 

OUTDOOR SANCTUARY

There may not be a park in Hollywood, but the 20 acre Grant Park is only a few blocks away. Residents can walk to the many businesses, library restaurants, and the Hollywood Theatre and experience the urban setting of the community. For residents who desire time in nature, there are parks in neighboring communities, or one can take advantage of the short commute to enjoy the Columbia Gorge or explore the scenery at Mount Hood.



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

Berkshire Hathaway HomeServices NW Real Estate

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: September 26, 2017 2:15 PM

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