August 15,2022
NORRIS & STEVENS, INC. BROKERS $2.1M SALE IN GRESHAM, OREGON
Gateway Elks Lodge No. 2411, Benevolent & Protective Order Of Elks Of The United States of America recently completed the $2,105,000 sale of 16321 SE Stark Street Gresham, Oregon.
The 14,689 SF retail building was built in 1926 and features an excellent glass line offering plenty of natural light, as well as an atrium dining area. Resting on 2.34 acres, the site has over 100 parking spaces and outstanding signage. Its high visibility position on SE Stark Street boasts 19,000 average cars driving by daily, giving the future business plenty of possible walk-in clientele, whether redeveloped or the existing space is used.
Greg Nesting and Gabe Schnitzer with Portland-based Norris & Stevens, Inc. represented both the buyer and the seller in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5.9 million square feet of commercial space and 9,100 apartment units.
