Happy Weekend, Foster People!

We hope you’ve all had a pleasant week, and have even more pleasant plans for the weekend. We won’t have the greatest weather—though, Sunday looks to be halfway decent—but, tis’ the season. Hopefully you all find something to get into in the neighborhood.

Here are your weekend tidbits…

– Now that we’re in November and folks start thinking about the holidays, please consider shopping locally for any gifts you may need to buy. The list of places to shop is quite impressive when you think about it, and you can get anything from kids’ toys to books; musical equipment to board games; gift certificates for food, booze and coffee; clothing; furniture; skate boards; music; art. And the list goes on.

– We learned this week that plans for a taproom at 6913 SE Foster have been scrapped. However, the space will still be utilized, and if executed well it could be a one-of-a-kind venue in Portland. Read more about it here.

– If you’re curious about the mixed-use, affordable housing development planned for SE 72nd and Foster, the developers and architect are holding a community meeting about the project this coming Wednesday at New Day Center for the Arts (5514 SE Foster), from 6:30 – 8:30 pm

– Have half a million dollars? Want a commercial building on Foster? Here you go.

– Calendar planning: Foster Area Tree Lighting, November 29

– Here’s your upcoming entertainment:
Starday Tavern- Buzz Holland Band with Paula Sinclair (6pm) and Space Beast, The Lo-Hi, Stars’ Blood (9pm), Friday; Turn back time with Alex Marine, Saturday at 9pm
NWIPA- Lagunitas Derbeer Derby, Saturday (4:20-7pm); Patch Patrol Cancer Fundraiser, Sunday (4-8pm)
Smart Collective- Millennial Falcon, Horse Movies, Dim Wit, Friday at 7pm

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Snookball cometh. Foster to get soccer-themed play space.

The once-envisioned Office Taproom, which would have been located next to SMART Collective and I Heart Retro at 6913 SE Foster is no longer.

In its place? Futpool Portland (or some variation of that name).

In a (guessing here) first-of-its-kind space in Portland, the former martial arts studio and Russian tea and movie house will soon play host to live snookball games, Foosball, and televised soccer events. And maybe, just maybe, you’ll be able to get all your soccer needs met whilst sipping on a beer, too. That’ll come later, though. As will more details on the space-to-be…

For now, know this: snookball is real, and the new-ish sport which fuses soccer and pool on a giant ground-floor pool table will soon be finding its way to Foster.

Here’s a partial, sneak peek at the space in its early stages:
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And a little promo for the game itself:

*We’ll buy drinks for anyone who can flash moves like homeboy in the video.

More details to come…

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Half-million dollar commercial space ready for a buyer

img_5771Well, color us confused. The price of commercial real estate on Foster is both unpredictable, perhaps a tad inflated, and maybe even all over the place.

Two weeks ago we posted about commercial space for sale along the corridor, pointing out two properties specifically: 5338 SE Foster and 6819 SE Foster. While the latter didn’t have a listing price as of our original post, we did note that the former Decorette Shop at 5338 SE Foster was back on the market for nearly 50% more than it had sold for just five months earlier—it last sold for $500,000 in June, and is now being listed for $725,000.

For comparison, the Bob White Theater sold for $425,000 in 2015. Three years earlier the theater, adjoining warehouse, and rear apartment building were had for a total of $350,000. The most recent sales price did not include the warehouse and apartments. That’s quite the return. And quite the rate of inflation.

The Bob White Theater is just under 6,000 square-feet; the former Decorette Shop is a shade over 4,200 square-feet.

And here’s another to throw us off a bit: the Wikman Building, with more than 4,000 square-feet, sold for just $260,000 two years ago.

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Screenshot: property listing for 6819 SE Foster Road. RE/MAX Equity Group.

We can’t really get a gauge here.

All this brings us back to the property at 6819 SE Foster, where we now have a listing price. At 1,480 square-feet—just a quarter of the size of the Bob White—the former insurance office is being listed for $499,000. Might as well call it a cool half million.

To be fair, the space is way cooler than you’d expect whence driving by. (Just look for yourself.) And I’d certainly pay a small fortune for office and living space on Foster (if I had a small fortune). But we never thought we’d have half-million dollar properties with limited space and development opportunity dotting the corridor.

But I guess as Portland goes, so, too, does Foster.

 

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Seen In FoPo

Happy Halloween, people!

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Happy Weekend, Foster People!

We’re definitely in the thick of autumn, and Halloween is nearly upon us. Time’s flying, and next weekend we’ll be setting our clocks back. Before we know it, we’ll be eating turkey and looking at 2017. As for our next few days: we get some sun today, then rain Saturday and Sunday. Find refuge on Foster—there’s plenty enough going on.

Here are your weekend tidbits…

– The Portland Mercado and Carts on Foster were both burgled and vandalized this week, leaving thousands of dollars in damages and stalled business openings in its wake. Fortunately for the Mercado, the city and community stepped up with big time donations to help them get back on their feet. Unfortunately, Carts on Foster may not get the same level of charity going their way. However, you can help them still by planning some of your meals around the cart pod. Breakfast, lunch, dinner, beer, art, or a hair cut—Carts on Foster has you covered. Show them some extra love, folks.

– For the parents out there: O’Malley’s will be hosting a family-friendly happy hour on Halloween. There will be musicians playing kids’ songs, a costume contest, food, and adult beverages. Right on.

Construction appears to be underway at 5811 SE Boise, which will eventually plop 30 units of housing just off Foster (behind 10th Planet Jiu Jitsu at 58th and Foster). This will be the first step in adding housing to the corridor and alleviating some of the tight rental conditions in the neighborhood (though, we’ll need more to make a real dent).

– We’re a little behind on news this week, so feel free to share what else is happening and going on.

– Upcoming entertainment:
Starday Tavern- Kory Quinn (6pm) and The Amber Harlan Trio (9pm), Friday night; Halloween Disco Extravaganza, Saturday at 9pm; BLEND w/Quillan Fireshaker//Sappho//Richie Staxx//Demetrie, Sunday at 9pm
NWIPA- Halloween Party w/Disenchanter and Stoner, Saturday at 7pm
SMART Collective- All-ages Devil’s Night Costume Party w/SAOLA//LoveJoy Fountain//Not My Weekend//SexPark, Sunday at 4pm
Hammer and Jacks- Peek-A-Boo for Kids Under 2: Sunday (3-5pm) and Monday (3:30-5:30pm)
O’Malley’s- Halloween Happy Hour, kid-friendly, Monday from 4-6 pm

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Family-friendly Halloween Happy Hour at O’Malley’s Monday

Parents, Halloween just got a little more interesting.

Trick-or-treating doesn’t have to be a laborious affair, and O’Malley’s is primed to loosen you up a bit before candy-collecting with the wee ones through the neighborhood. Bring the kids to an all-ages, pre-trick-or-treating happy hour for live childrens’ music, a costume contest, and all the food and adult beverages that O’Malley’s can fill you up on.
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Mo Phillips, Tallulah’s Daddy, and Lorne Miller will be performing. Family-friendly happy hour runs from 4-6 pm (most likely in the front, entry area of the bar).

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