Multnomah Village Wellness Center & Retail 7409 SW Capitol Hwy

Presenting the Multnomah Village Wellness Center & Retail, a distinguished investment opportunity located at 7409 SW Capitol Highway, Portland, OR.
This fully leased commercial property spans 8,400 sqft. Originally built in 1947, the building seamlessly blends historic charm with contemporary amenities, making it a standout asset in the heart of Multnomah Village.
This property guarantees a stable income stream with all 14 units fully leased. Tenants include well-known retail brands like Frey's Furniture, Narrative Home, and Katelyn's Closet—alongside 11 esteemed wellness professionals and traditional office tenants. This diverse tenant mix not only ensures a resilient income flow but also enhances the building's appeal to a broad clientele.
Excellent rental rates with built-in yearly escalators and long-term tenants provide a reliable and growing income stream.
The building has undergone significant upgrades in the last five years, including a new roof, furnace, air conditioning system, and new stairs, ensuring modern comfort and reliability for tenants.
The property is meticulously maintained, with four units featuring elegant hardwood flooring. Common areas feature reception seating, wet bar and two second-story entrances with newly refinished staircases. One suite boasts access to a second-story patio, offering a unique perk for its occupant.
Additionally, the property provides 15 parking spaces, ensuring convenience for tenants and their clients.
About Multnomah Village:
Located in southwest Portland, Multnomah Village is known for its charming, small-town atmosphere within a bustling urban environment. The village offers an eclectic mix of boutique shops, art galleries, coffee shops, and restaurants, attracting both locals and visitors. Its tree-lined streets and historic buildings create a unique and inviting ambiance.
The village is a hub of community activity, hosting events like the annual Multnomah Days street fair, which features local vendors, music, and entertainment. With excellent schools and parks nearby, Multnomah Village is a desirable location for both businesses and residents. The area's strong sense of community and vibrant commercial activity make it an ideal location for investment.
Located in the vibrant Multnomah Village, this property benefits from high foot traffic and excellent visibility. The area is known for its thriving commercial activity, making it an ideal location for businesses.