Classic Clinton-Division Neighborhood Commercial

2232 SE Clinton Street- Portland, Oregon

Tod BreslauSenior Commercial Broker

503-740-4888 phonetod.breslau@aol.com

www.premierepropertygroup.com

I N V E S T M E N T S U M M A R Y 135 NE 9th Avenue, Portland, OR

PROPERTY DETAILPrice $1,190,000Address 2232 SE Clinton Street, Portland, OR Assessor Parcel Number R202206

Number of Lots 1

Building One Area (SF) 2,016

Building Two Area (SF) 720

Total Building Area (SF) 2,736

Lot Size (SF) 6,060

Lot Size (Acre) Total 0.14

Construction Wood Frame with Glass Store Front

Roof Flat

Foundation Concrete

Zoning Commercial Residential, CRYear Built 1949Frontage 60.6' on SE Clinton Street, 100' on SE 23rd Avenue

Public Transportation Yes, Bus-stop

Parking: Onsite and Street

Property Taxes Total 2017-18 $4,168.43

P R O P E R T Y S N A P S H OT 2232 SE Clinton Street, Portland, OR

DEMOGRAPHICS 1-MILE 3-MILE 5-MILE

2016 DaytimePopulation 37,044 386,432 618,4172016 Households 13,033 106,077 214,036Median Household Income $54,749 $56,243 $57,671Per Capita Income $37,133 $43,189 $38,507Average Household Income $77,110 $85,401 $84,397

**Attractive Seller Financing for Qualified Buyer**

I N V E S T M E N T D E S C R I P T I O N 135 NE 9th Avenue, Portland, OR

Investment Description

■ Two Commercial Residential Zoned Buildings-2,016 SF Retail Commercial Building with a 720 SF with a Warehouse/Shop

■ Popular SE Clinton Street Location: Located on the corner of SE Clinton Street and SE 23rd Avenue

■ Near Many Local Retailers and Restaurants: Retailers and restaurants in the area include La Moule, Burrasca, Apex Brewery, The Clinton Theater, Bollywood Theater, New Season's Market and more.

■ Walker's and Biker's Paradise: Strong Walk score of 93, and Bike Score of 96. Near Trimet Bus Stop and MAX line.

■ Strong Area Demographics Daytime Population exceeds 618,000 people within a 5-mile radius with average household income of more than $84,000.

I N V E S T M E N T D E S C R I P T I O N 2232 SE Clinton Street, Portland, OR

The subject property is located at 2232 SE Clinton Street, Portland, OR 97202. Built in 1949 of wood frame construction there is a 2,016 square foot commercial building with a 720 square foot ware-house, shop or storage area. The lot size is 6,060 square feet, zoned commercial residential, CR, allowing for commercial and residential use. There is paved onsite parking and additional off-street parking. The commercial building has a flat roof. The warehouse/shop build-ing has a pitched composition shingle roof. There is attractive Seller financing available for qualified Buyers.

The asset is situated on the corner of SE Clinton Street and SE 23rd Avenue in the popular Hosford-Abernethy neighborhood. The site boasts a high walk score of 93, “Walker’s Paradise,” and a bike score of 96, “Biker’s paradise.” The site additionally is serviced by Trimet Bus in front of the building and is less than one half mile to the Tri-met MAX Orange line. The area has many local restaurants, shops, and attractions including La Moule, Burrasca, Sip, Apex Brewery, South East Grind, The Clinton Street Theater and many more. Parks in the area include Piccolo Park, Powell City Park, Ladd’s Circle Park and Rose Gardens. Schools in the area include, Cleveland High School, Hosford Middle School, and Abernethy Elementary School. SE Clinton Street services nearby main arterial road, SE Division Street with popular destinations including Ava Gene’s, Bollywood Theater, Pok Pok, New Season’s Market and more.

The area has strong demographics of more than 618,000 daytime population within 5-miles with average household income of more than $84,000.

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Neighborhood Boundary

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^ Fire Stations

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City Boundary

City of Portland

Office of NeighborhoodInvolvementandBureau of Planningand Sustainability

¯INFORMATION SOURCES:

Taxlots: Originally produced by Oregon Dept. of Revenue. Modified and updated by Multnomah County Assessment &

Taxation and Portland Dept. of Transportation. Updated weekly by City of Portland. Accuracy - +/- .1 feet.

Neighborhood Association Boundaries: Originally digitized by Portland Department of Transportation.

Updated by Bureau of Planning and Sustainability for the Office of Neighborhood Involvement, December, 2011. Registered

to taxlot base maps.

All data compiled from source materials at different scales.For more detail, please refer to the source materials orCity of Portland, Bureau of Planning & Sustainability.

The information on this map was derived from City of PortlandGIS databases. Care was taken in the creation of this map

but it is provided "as is". The City of Portland cannotaccept any responsibility for error, omissions, or positional

accuracy, and therefore, there are no warranties whichaccompany this product. However, notification of any errors

will be appreciated.

Hosford-AbernethyNeighborhoodDistrictAssociation

December 7, 2016

S:\gis\PROJECTS\ONI\Maps\Individual_11x17_landscape.mxd

Scale 1:8,400

P R O P E R T Y P H OTO S 135 NE 9th Avenue, Portland, OR2232 SE Clinton Street, Portland, ORZO N I N G

A E R I A L 2232 SE Clinton Street, Portland, OR

SE C

linto

n St

reet

SE 23rd Avenue

SE C

linto

n St

reet

SE 23rd Avenue

SE C

linto

n St

reetSE 23rd Avenue

SE Clinton Street

SE 23rd Avenue

P R O P E R T Y P H OTO S 2232 SE Clinton Street, Portland, OR

P R O P E R T Y P H OTO S 2232 SE Clinton Street, Portland, OR

A E R I A L P H OTO S 2232 SE Clinton Street, Portland, OR

2232 SE Clinton Street Portland, OR 97202

SE Division Street

SE Clinton Street

Hosford Middle School

Subject PropertyDouble Barrel

Tavern

Abernethy Elementary

School

Area Demographic Summary

LO C AT I O N S U M M A R Y 2232 SE Clinton Street, Portland, OR

In 2016, there are 349,214 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 65.87% of employees are employed in white-collar occupations in this geography, and 34.02% are employed in blue-collar occupations. In 2016, unemployment in this area is 4.45% . In 2000, the average time traveled to work was 25.8 minutes.

The current year racial makeup of your selected area is as follows: 78.50% White, 5.23% Black, 0.35% Native American and 7.12% Asian/Pacific Islander. Compare these to Entire US% averages which are: 70.42% White, 12.85% Black, 0.19% Native American and 5.53% Asian/Pacific Islander.

In 2016, the population in your selected geography is 474,357 . The population has changed by 16.62% since 2000. It is estimated that the population in your area will be 485,964 five years from now, which represents a change of 2.45% from the current year. The current population is 49.56% male and 50.44% female. The median age of the population in your area is 37.3 , compare this to the Entire US average which is 37.8 . The population density in your area is 6,023.00 people per square mile.

There are currently 214,036 households in your selected geography. The number of households has changed by 19.93% since 2000. It is estimated that the number of households in your area will be 223,072 five years from now, which represents a change of 4.22% from the current year. The average household size in your area is 2.14 persons.

In 2016, the median household income for your selected geography is $57,671 , compare this to the $Entire US average which is currently $56,286 . The median household income for your area has changed by 44.08% since 2000. It is estimated that the median household income in your area will be $67,397 five years from now, which represents a change of 16.87% from the current year.

The current year per capita income in your area is $38,507 , compare this to the Entire US average, which is $30,982 . The current year average household income in your area is $84,397 , compare this to the $Entire US average which is $81,217 .

Total Area Population (5-miles)

Total Area Households (5-miles)

Income Breakdown (5-miles)

Area Diversity (5-miles)

Jobs and Vocation (5-miles)

Tod BreslauSenior Commercial Broker

503-740-4888 phonetod.breslau@aol.com

www.premierepropertygroup.com