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NW Corner MLK Jr Blvd & NE Knott St
Portland, OR 97212-3810
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 4,000 SqFt <ul><li>Prominent high-traffic corner on Martin Luther King Jr. Blvd in the Eliot neighborhood</li><li>Steps from Emanuel Medical Center / Legacy Emanuel campus</li><li>Surrounded by North/Northeast Portland's most active commercial and cultural corridor</li><li>Strong pedestrian and transit access; proximity to Alberta Arts District and Lloyd District</li><li>A piece of Portland history, home to the Gladys McCoy Memorial Garden</li><li>CM3 Commercial Mixed-Use 3 Zoning Designation</li></u
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
