Peacock Building

Investment Overview

The Peacock Building is a multi-tenant retail building located in the Buckman neighborhood of inner SE Portland. This 11,374 square foot building offers five versatile suites with a variety of commercial
uses, including retail, restaurant, and flex/tech. The building features three leased units and two units available for owner-users or tenants. The four spaces suitable for bars, restaurants, and retail range from 666 SF to 2,582 SF. Additionally, there is a 5,162 SF flex space with a roll-up door, allowing an owner to occupy more than 50% of the building. Recent tenants have included bars, a pastry shop, an event space, and a
manufacturing/flex user, indicating the building's adaptability to various commercial needs.

Area Overview

Buckman is in Portland's inner east side, a formerly industrial area which now features a mix of commercial, residential, and industrial. It is one of the city's premier nightlife and dining neighborhoods. It features dining destinatinons like Kachka, Olympia Provisions, Kann, Canard, Hat Yai, Hawthorne Asylum, Cartopia, and Astera. Event and nightlife venues include The Get Down, Holocene, Hey Love, Revolution Hall, the Bossanova Ballroom, White Owl Social Club, Soho Club, The Den, Jackie's, and more.

Highlights

• Quick access to major streets such as Belmont, Hawthorne, andmBurnside.
• Property is equipped with 3-phasen power.
• Includes a rooftop solar installation
• Roll up door with interior dock.
• Previous tenants utilized sidewalk and parking stalls as overflow seating for their respective bar and restaurant uses.
• Perfect for a 5,000 - 6,000 Sq Ft owner user who could occupy the flex portion of the building with or without one of the retail spaces on Morrison.