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$1,630,000
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Property Description
Take advantage of this turn-key investment opportunity! Centennial Square situated on the bustling Division Street, offering high visibility and consistent foot traffic. The property is fully occupied with NNN leases in place, ensuring a hassle-free investment with reliable rental income.
Full Property Details
Full Property Details for 16502 SE Division St
General
- Sold For: $1,630,000
- Taxes: $22,082 (2023)
- Status: Sold
- Type: Commercial Service
- Source: RWMLS
- MLS ID: 24279963
- Added to Site: 651 day(s) ago
Parking
- Total Spaces: 25
- Parking Features: On Site, Secured
Location
- County: Multnomah
- Driving Directions: SE DIVISION & SE 165TH
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Brick
- Stories/Levels: 1
- Square Feet: 8,480
- Current Bldg. Use: Professional Service, Retail, Salon
- Year Built: 1978
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.59
- Lot Size (Sq. Ft.): 25,700
- Lot Size: 20, 000 SqFt to .99 Acres
- Frontage: Paved
Financial Considerations
- Operating Expenses: $36,717
- Tax Amount: $22,082.83
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: R210255
Listed and Sold by Brantley Christianson Real Estate (503) 893-9787, Chunjuan Ye (541) 220-6816
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Schools
Schools serving 16502 SE Division St
School District:Centennial School District 28j
| Name | Grades | Distance |
|---|---|---|
Powell Butte Elementary School 3615 Southeast 174th Avenue, Portland, OR 97236 | K-5 | 0.6 mi |
Centennial Middle School, Portland, OR 17650 Southeast Brooklyn Street, Portland, OR 97236 | 6-8 | 0.7 mi |
Centennial High School 3505 SE 182nd Ave, Gresham, OR 97030 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16502 SE Division St
Date
Details
Price
Change
Source
8/30/2024
Sold
$1,630,000
-16.41%
MLS
5/15/2024
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16502 SE Division St, Portland, OR 97236 (MLS# 24279963) is a Commercial Service property that was sold at $1,630,000 on August 30, 2024. Want to learn more about 16502 SE Division St? Do you have questions about finding other Commercial Service real estate for sale in Centennial? You can browse all Centennial real estate or contact a Coldwell Banker agent to request more information.

