786 NE BURNSIDE RD Gresham, OR 97030
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Price:
$1,750,000
Ft²:
4436
Acres:
0.56
MLS#:
195854233
Lot Size:
20,000 SqFt to .99 Acres
Zone:
DCL
County:
Multnomah
Style:
1 Story
Yr Built:
1987
Status:
Active
Levels:
1
Heat:
Forced Air, Heat Pump, Mini Split
Roof:
Flat
Area:
Gresham, Sandy, Troutdale, Corbett
Courtesy of:
Keller Williams PDX Central
Remarks:
Turnkey Auto Dealership, Equipment Rental, or Owner-User on a 0.56-acre site on high-traffic NE Burnside "Auto Row". Featuring 135’ of frontage and rare DCL zoning that explicitly PERMITS Outdoor Commercial Sales (Auto/Trailer/Equipment) and Drive-Throughs by right—a unicorn designation in Gresham. High traffic count, 2025 traffic count at 25,938. The site is turnkey: fully paved, fenced, and features an easy to reconfigure building- perfect for a showroom and sales offices. Keep your capital for inventory with SBA Financing eligibility. This property offers options! There is potential to build a FOOD CART POD: Projecting a 9.1% Cap Rate for a high-density cart hub/taproom. The renovated building is an ideal commissary or bar shell. Or operate with a PASSIVE NNN: Secure a ~8.0% Pro-Forma Cap Rate on a standard NNN retail or dealership lease. REDEVELOPMENT: Opportunity Zone location with zero front setbacks allowed for future high-density mixed-use (up to 60 units/acre). Don't pay your landlord's mortgage—own this Opportunity Zone asset today. Buyer to verify all uses with City. Current business is relocating.
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