1. Oregon
  2. Gresham
  3. 421 Ne BURNSIDE Rd
$3,500,000

421 Ne BURNSIDE Rd, Gresham, OR 97030

  • 15,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon1.78acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $226/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This well established, well maintained, and fully leased multi-tenant commercial property in Gresham, OR offers a strong investment opportunity. Featuring 7 fully leased spaces, the property is home to a diverse mix of tenants: Retail, PersonalServices, and Food Services. Cascadia Center is located in a highly visible location along NE Burnside Road, a main Gresham throughway. Gresham High School, Les Schwab, Rivermark Bank, Auto Zone, and Goodwill, along with many popular fast food and food service businesses, surround the Cascadia Center complex. Travelers to Mt. Hood and Central Oregon use NE Burnside Rd. to reach their destinations. To the North is a large residential neighborhood.This location truly captures both local and commuter traffic.There are 37 parking spaces fronting Cascadia Center with driveway access from both NE Burnside Rd. and signaled NE Kelly Avenue.  The stable rent roll offers a reliable income stream and a solid return on investment. This is a rare opportunity toown a fully leased, income generating asset in a prime location, just down the street from incoming Trader Joe’s.

Listing Status:
Active
Date Added:
March 21, 2025 at 05:00AM
Listing Office:
Kohler Meyers O'Halloran Inc. : 503-661-8000
Listing Agent:
Corinne O'Halloran : 503-819-2337
MLS ID:
649165861
  • A/C: Central air
  • Heating: Forced air

This listing courtesy of Corinne O'Halloran, Kohler Meyers O'Halloran Inc.

Location

Schools Nearby

G

Gresham Arthur Academy

1890 NE Cleveland Ave, Gresham, OR, 97030

Grades KG-5

0.34 miles away

M

Metro East Web Academy

1394 NW Civic Dr, Gresham, OR, 97030

Grades KG-12

0.71 miles away

G

Gresham High School

1200 N Main Ave, Gresham, OR, 97030

Grades 9-12

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.