See all 20 photos

Listed by Oregon First

$1,600,000

Est. payment - /mo

Save

4,242 SqFt

Price Dropped by $100K

12208 SE MARKET ST Portland, OR 97233

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tommy Jedrzejczyk

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

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,242 sqft

Price per Sqft $377

MLS Listing ID 275644597

Year Built 1951

Annual Tax Amount $12,233

Tax Year 2025

Lot Size 0.380 Acres

Property Sub-Type Commercial

Property Description

Prime signalized corner featuring 2 one-level buildings totaling 4,242 SF on a CG-zoned lot with 15 parking spaces, multiple private offices, reception area, kitchens, conference rooms, and bathrooms. Building 1 includes 3 units with recent upgrades: new roof, new furnaces, new A/C units, new interior paint, new bathrooms, plus new water lines and iron fencing. Nearby separate building 2 has an approximately 10-year-old roof and is leased to a convenience store currently under remodel, providing income potential. Strong visibility, established tenancy, and surrounded by restaurants and retail businesses in a high-traffic location. Additional income from billboard ($4,680/year through 04/2029) and Building 2 lease ($2,200/month through 07/2031).

Location

State OR

County Multnomah

Area _143

Zoning CG

Interior

Heating Forced Air, Heat Pump

Cooling Central Air

Exterior

View City

Roof Type Composition

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Want to See This Home or Others Like It?

The best homes often sell quickly, and having a plan makes all the difference. Start with our Buyer Guide to understand the process, then schedule a consultation so we can build your strategy and get you in position to buy.

View Buyer Guide Schedule a Consultation