Exceptional opportunity to own a versatile commercial property featuring two separate units currently leased for $4,500/month NNN, providing immediate income potential. Five offices upstairs. Zoned Commercial, this property offers flexibility for a wide variety of uses, including medical or dental offices, professional office space, retail sales and service, daycare, light manufacturing, and production uses (buyer to verify permitted uses with the city). Ideally located just minutes from the highly sought-after Sellwood neighborhood and only 5 minutes to downtown Portland, this property offers excellent accessibility, convenient access to major roadways, and close proximity to established businesses, shopping, dining, and residential neighborhoods. An outstanding opportunity for investors seeking stable income or owner-users planning for future occupancy in a prime Portland location.
| MLS # | 531329891 |
|---|---|
| Listing Type | For Lease |
| Style | Commercial |
| Status | Active |
| Year | 1973 |
| Days On Site | 98 |
| Listing Provided By | Georgetown Realty Inc. | John Mahaffy |
| SQ Feet | 2,480 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | CS |
| Acreage | 0.09 |
| Heating | Heat Pump |
|---|---|
| Heating Yn | Yes |
| Cooling | Central Air |
| Cooling Yn | Yes |
| Roof | Composition |
|---|
| Attached Garage Yn | No |
|---|---|
| Parking Features | On Site |
| Property | 6169 |
|---|
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97202 |
| Listing VS Median (in 97202) | |
Price: $700,000 low | high Med: $595,000 sqft: 2,480 low | high Med: 2,142 $ / sqft: $282 low | high Med: $278 On site: 98 low | high Med: 18 | |
| State | OR |
|---|---|
| County | Multnomah |
| City | Portland |
| Zip Code | 97202 |
| Listing VS Median (in 97202) | |
Price: $700,000 low | high Med: $595,000 sqft: 2,480 low | high Med: 2,142 $ / sqft: $282 low | high Med: $278 On site: 98 low | high Med: 18 | |