11324 NE SANDY BLVD, Portland, OR 97220
- $2,700,000
- List Price
- $2,700,000
- Price Change
- ▼ $500,000 1780899164
- Days on Market
- 110
- MLS#
- 586326525
- Property Type
- Land
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Portland Northeast
- Status
- ACTIVE
Property Description
Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This property is currently an operating 24-unit motel which spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager’s residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation. With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence. See developers package attached.
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Additional Information
- Tax Amount
- $21,604
- High School
- Parkrose
- Elementary School
- Prescott
- Middle School
- Parkrose
- Acres
- 0.71
- Property Type
- Mixed Use
- Lot Size Dimension
- 238ft x 131 ft
- Terms
- Cash
- Utilities Included
- Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
- Number Of Lots Total
- 1
- Road Frontage Yn
- Yes
- Present Use
- Commercial, Multi Family
- Road Surface
- Paved
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Listing courtesy of Keller Williams Realty Professionals.
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