$1400000
Price cut: $100K (07-18-2025)
-
Bed
-
Bath
-
3544 SqFt
-
52 DOM
-
Built: 1927
- Status: Active
Love this home?
Mohanraj Rajendran
Real Estate Agent
(503) 336-1515Prime Investment Opportunity Along the 82nd Civic Corridor. Unlock the potential of this exceptional property featuring three commercial lots totaling 16,652 sq ft (.39 acres), strategically located on the vibrant 82nd Civic Corridor. The existing 3,500 sq ft building is currently occupied by two reliable long-term tenants, providing steady income. Additionally, a rear lot is leased to a neighboring automotive mechanic, adding another revenue stream. Zoned Commercial Employment (CE), this property supports a wide range of potential uses—including commercial, retail, residential, or mixed-use development—making it ideal for both investors and developers.Highlights:3 contiguous commercial lots3,500 sq ft building with long-term tenantsRear lot leased to mechanic shopTotal land: 16,652 sq ft / 0.39 acresFlexible CE zoningIncome-producing with future development upsideCapitalize on a location with strong traffic exposure and a zoning designation that offers outstanding flexibility for redevelopment or continued investment income.
Listing Provided Courtesy of Jason Mendell, eXp Realty, LLC
General Information
-
409813327
-
Commercial
-
52 DOM
-
-
0.39 acres
-
-
3544
-
1927
-
CE
-
Multnomah
-
R335857
-
-
-
-
CommercialSale
-
Commercial
-
SECTION 17 1S 2E, TL 2200 0.13 ACRES
Listing Provided Courtesy of Jason Mendell, eXp Realty, LLC
Mohan Realty Group data last checked: Jul 19, 2025 01:07 | Listing last modified Jul 18, 2025 15:09,
Source:
