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Listed by John L. Scott Portland Metro • 503-665-0111
$ 1,300,000
Est. payment | /mo
2,290 SqFt
$ 1,300,000
Est. payment | /mo
2,290 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,290 sqft
Price per Sqft $567
MLS Listing ID 352929374
Year Built 2009
Annual Tax Amount $3,894
Tax Year 2024
Lot Size 0.980 Acres
Property Sub-Type Commercial
Property Description
Exceptional opportunity to own a versatile commercial property featuring two separate buildings and multiple income streams. The first building is 2290 sqft and currently leased by Silk Espresso on a year-to-year lease at $4,300 per month, providing steady, established rental income. The second building is a 1406 Sqft shop/warehouse with a 14' overhead door, office space, and two half bathrooms, plus a 485 sq. ft. studio apartment above complete with a full kitchen, full bath, washer, and dryer. The shop and apartment are currently vacant, offering potential lease income of approximately $3,000 per month. Adding to the value, the property includes a billboard lease generating $300 per month. With flexible uses and excellent income potential, this property is ideal for an investor, owner-user, or anyone seeking a high-performing, multi-use commercial asset.
Location
State OR
County Multnomah
Area _144
Zoning OCI
Interior
Heating Heat Pump, Zoned
Cooling Heat Pump
Exterior
Roof Type Metal
Garage No
Building
Sewer Septic Tank
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
