The owner of 8502-8504 SE Stark Street recently listed the property for sale. The multi-story building currently houses Unicorn Jiu Jitsu, Sanctuary Tattoo & Piercing, and one other tenant. Businesses in the building likely will remain at the location beyond the building’s sale.
The property contains two attached structures. A previous owner completed construction on the street-facing two-story building in 2004, while the original building dates back to 1922. First built as a two-and-a-half-story home, the property later featured a single-story office addition, constructed in 1962. All structures now interconnect to offer 4,128 square feet of office and retail space.
The current owner of the building, Base Line Properties, bought the location from Forbidden Body Art in 2018. Prior to that, the building housed DMS Electric and Dynamic Lighting. The site contains a paved parking lot with alley and street access. Other financial benefits to the property are listed in the real estate flyer.
Commercial properties often take longer to sell than residential properties. However, this property could attract interested investors as a fully occupied building and find a new owner within a few months. Contact Cole Peterson with Windermere Community Commercial Realty at 503-319-4267 or GrahamColePeterson@gmail.com to learn more or make an offer.