Situated on McLoughlin Blvd, a corridor known for its steady flow of daily commuters and strong visibility. This 1320 square-foot commercial property offers an ideal opportunity for investors seeking a stable, income-producing asset in a prime location. With a long-term tenant in place and renewal options secured. Currently leased at $3,000 per month with 2 years remaining on a 5-year lease. Tenant holds two 5-year renewal options. Please do not disturb tenants.
This property offers a rare combination of historic charm and zoning flexibility in one of Portland’s most dynamic neighborhoods. Whether you envision a residential transformation, a small business, or a mixed-use development, the possibilities are endless. With some vision, this classic Foursquare could be restored to its former glory, offering long-term potential and value or take advantage of the corner lot for possible multi-unit conversion. Flexible zoning for retail, office, personal services, or live/work space. Possible mixed-use development or additional units for residential or commercial use. Perfect for investors, developers, or those seeking a unique property in a thriving neighborhood. Walk Score 95, Bike Score 100!
Locate your business in Sellwood and own your own commercial condo. The layout currently has three units with one MTM tenant. An owner-user could take over the whole unit or occupy one and rent out the others to off-set the payments. Each suite has a great window line. The condo is located right across the Sellwood bridge close to Sellwood Riverfront Park and a short walk to all the retail on 13th.
The median home value in Portland, OR is $537,200. This is higher than the county median home value of $478,700. The national median home value is $338,100. The average price of homes sold in Portland, OR is $537,200. Approximately 50.37% of Portland homes are owned, compared to 44% rented, while 5.63% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Oregon 97202 has a population of 647,176. Portland 97202 is less family-centric than the surrounding county with 29.49% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Portland, Oregon 97202 is $78,476. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Portland 97202 is 37.9 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 36.4 degrees. The average rainfall is approximately 42.8 inches per year, with 2.6 inches of snow per year.