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$3,500,000
12 Days On Site

421 NE BURNSIDE RD
Gresham, OR 97030

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
15,500
SqFt
$226
/SqFt
1978
Built
County:
Multnomah
Listing courtesy of Corinne O'Halloran of Kohler Meyers O'Halloran Inc. 5038192337
421 NE BURNSIDE RD421 NE BURNSIDE RD421 NE BURNSIDE RD421 NE BURNSIDE RD
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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.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.78 Acres
Year Built 
1978
MLS® Number 
649165861
Status 
Active
Property Tax 
$31,090.9
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
1.78
Additional Property Use 
OtherRetail
Number Of Stories 
1
Parking 
On SitePaved
Parking Spaces 
37
Sewer 
Public Sewer
SqFt Total 
15500
Water Source 
Public
Zoning 
DCL
Interior Features
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Construction Details 
Wood Siding
Roof 
FlatMembrane
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_144
Roads 
Paved
Listing courtesy of Corinne O'Halloran of Kohler Meyers O'Halloran Inc. 5038192337



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2025-04-03 09:34 AM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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