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Listed by eXp Realty, LLC • 503-504-0209

$1,950,000

Est. payment - /mo

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7,778 SqFt

Pending

8325 SE MCLOUGHLIN BLVD Portland, OR 97202

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 7,778 sqft

Price per Sqft $250

MLS Listing ID 242595254

Year Built 1947

Annual Tax Amount $19,459

Tax Year 2025

Lot Size 0.890 Acres

Property Sub-Type Commercial

Property Description

A rare real estate development and/or a landmark Portland business opportunity in close-in SE Portland along the major arterial road of Highway 99/McLoughlin Blvd. Three tax lots for a total of 0.89 acre/38,757 sf with a landmark business and building of Portland. 271-foot frontage. Two parking lots accommodate 40 parking spaces. Restaurant capacity is 152 people. Great exposure and visibility from high-traffic-count highway. The well-recognized large business signage is grandfathered in as long as it is not removed. Large, two-story building. Johnson Creek on the West side of the property. Excellent location near MAX and public transportation. Direct access to and from the Sellwood area. Portland Commercial Employment (CE) zoning for retail sales and services, office space, quick vehicle servicing, vehicle repair, self-service storage, household living, institutional uses, and limited manufacturing and other low-impact industrial uses. 45-foot (~4 stories) maximum height. Parking not required. 2.5:1 FAR, can be increased to 4:1 with bonus provisions.

Location

State OR

County Multnomah

Area _143

Zoning CE

Interior

Heating Forced Air, Heat Pump, Other

Cooling Heat Pump

Equipment Fixtures, Furniture

Exterior

Waterfront Description Creek

Roof Type Flat

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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