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Listed by Keller Williams Realty Portland Premiere • 503-709-4632
$ 1,099,800
Est. payment | /mo
6,811 SqFt
$ 1,099,800
Est. payment | /mo
6,811 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,811 sqft
Price per Sqft $161
MLS Listing ID 788564883
Year Built 1977
Annual Tax Amount $10,623
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type Office
Property Description
An exceptional investment and owner occupant opportunity featuring two adjoining commercial properties on a prominent corner in Portland's Mill Park neighborhood. Situated on two tax lots totaling approximately 0.51 acres, this offering provides 6,811 combined square feet of building space with approximately 175 feet of frontage along SE Lincoln Street and 125 feet along heavily traveled SE 122nd Avenue. The 4,791 square foot building at 12151 SE Lincoln St features two distinct levels with separate exterior entrances and ramp access to both. The main level offers a welcoming lobby and reception area, spacious conference room, multiple private offices, two bathrooms and dedicated storage. The remodeled lower level provides an expansive open commercial workspace, three additional offices, a kitchenette and bathroom, creating flexibility for multiple business operations or potential leasing configurations. The adjoining 2,020 square foot Craftsman style building at 2057 SE 122nd Ave offers a combination of open workspace and private rooms, a kitchenette, bathroom and fireplace, with additional flexible space upstairs and utility and storage areas below. Paved onsite parking, prominent marquee signage and excellent street exposure enhance the property's commercial appeal. Convenient access to SE Stark Street, SE Division Street and I-205 further supports accessibility throughout the Portland metro area. CM1 mixed use zoning presents additional opportunities to explore a variety of commercial uses, investment strategies or future redevelopment potential, subject to applicable City of Portland approvals. With two separate tax lots, versatile existing improvements and exceptional corner visibility, this offering presents an opportunity for investors, business owners and developers alike. Buyer to perform all due diligence.
Location
State OR
County Multnomah
Area _143
Zoning CM1
Interior
Heating Forced Air
Cooling Central Air
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.youtube.com/watch?v=-VHzOmDz_sk
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Alex & Sierra Rosenbaum
REALTORS® Lic# 201233003 | Lic# 20124996