Portland OR Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1945
Baths:
MLS#:
24517899

ADDITIONAL INFORMATION

Prime investment opportunity with unbeatable location and versatility for commercial or multifamily development. This property offers immediate income potential—live in or lease out the charming existing home while navigating the approval process for future development. Its positioning promises solid appreciation potential, making it ideal for savvy investors seeking long-term growth in a high-demand area. Sellers offering RATE BUYDOWN with an acceptable offer. Hop, skip & a jump to all things Montavilla with updated kitchen, newer vinyl windows & newer roof. Move in to this Montavilla gem on large, dividable lot near multiple freeways, both Mall 205 and Montavilla shops, restaurants, movie theatre and more. Near Mount Tabor Park trails, dog park, playground, volleyball, basketball and tennis courts, and home of the infamous Adult Soapbox Derby held annually in August. Updated kitchen with granite countertops, new cabinetry, newer appliances, and tile floor open to dining with granite buffet and matching cabinetry, and living room with true hardwood floors under vinyl flooring and wood burning fireplace. Two main level bedrooms plus a 3rd bedroom or bonus on upper level. A full basement with family room and/or entertainment space with bar, laundry, washer & dryer, and tons of storage are needed. Main level access to covered deck, newer hot tub, and huge, fenced backyard with tool shed. Two separate detached garages and RV parking. Newer mechanicals. Buyer to complete due diligence with the city for the desired use/development.

Type:
General Commercial
Sq.Ft.:
21,182
Status:
Active
Beds:
n/a
Lot size:
0.49 Acres
Year built:
1925
Baths:
MLS#:
24278689

ADDITIONAL INFORMATION

When opportunity knocks, answer the door. Oscar Wilde.If you've ever imagined yourself owning a highly successful, fully operational entrepreneurial enterprise, this is the time Mr. Wilde should be taken to heart! Here is the once in a lifetime opportunity to own and operate a 21,000 plus sq. ft. turnkey, fully leased commercial building with threeestablished enterprises all under one roof. Located in the lively southeast Montavilla neighborhood, the Monticello Antique Marketplace and its 87 contracts (and more in-waiting), Monti's. a successful café with a charming outdoor patio and a second floor 1,500 sq. ft. apartment, have been owned and operated by one savvy entrepreneur since 2000. Answer the door! Her retirement will open a world of opportunity for you!

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings sourced from RMLS™ of Portland Oregon are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright 2024, RMLS of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.



Portland Real Estate

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 97216 has a population of 647,176. Portland 97216 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 97216 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 97216 is 37.9 years.

Portland Weather

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.

Portland Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    51
    30-day change

Portland Schools and Demographics

Education near Portland, OR

Metric City County
High School Graduates 93.25 92.37
College Degree - 2 year 6.87 7.48
College Degree - 4 year 51.93 47.23
Graduate Degree 13.94 12.62
Expenditures per Student 19,574 19,574
Students per Teacher 17.3 17.3

Elementary Schools near Portland, OR

School Grades Students P/T Ratio ZIP
Bridger Elementary School KG - 08 415 16.3 97215
Cherry Park Elementary School KG - 05 507 21.6 97216
Creative Science School KG - 08 444 22.2 97216
Earl Boyles Elementary School PK - 05 441 19 97266
Glencoe Elementary School KG - 05 505 22.9 97215
Harrison Park School KG - 08 742 15.7 97216
Kelly Elementary School KG - 05 631 16.3 97266
Lee Elementary School KG - 08 431 14.6 97220
Lent Elementary School KG - 08 559 15 97266
Mill Park Elementary School KG - 05 591 23.9 97216
Sacramento Elementary School KG - 05 409 22.7 97220
Ventura Park Elementary School KG - 05 525 21.1 97216
West Powellhurst Elementary School KG - 05 484 23.9 97266

Middle Schools near Portland, OR

School Grades Students P/T Ratio ZIP
Floyd Light Middle School 06 - 08 790 19.1 97216
Mt Tabor Middle School 06 - 08 662 22.4 97215
Parkrose Middle School 06 - 08 761 23.2 97220
Ron Russell Middle School 06 - 08 888 20.3 97266

High Schools near Portland, OR

School Grades Students P/T Ratio ZIP
Madison High School 09 - 12 1,074 17.1 97220
Parkrose High School 09 - 12 1,005 25.1 97220

Ungraded Schools near Portland, OR

School Grades Students P/T Ratio ZIP
* Helensview High School 09 - 12 121 40.3 97220

Demographics near Portland, OR 97216

Metric Zip Code City
Neighborhood Type Inner City
Population 647,176 810,011
Population Density 4,851 1,879
Median Age 37.9 37.8
People per Household 2.3 2.3
Median Household Income 78,476 76,290
Average Income per Capita 47,289 44,675