12208 SE MARKET St Portland, OR 97233
Other
MLS #: 275644597
Courtesy Of Oregon First
Property InformationDescription
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).
Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: Cedar
- Floors: 1
- Heating System: Heat Pump (Heating)
- Heating System: Forced Air
- Legal Description: WHITEHURST, BLOCK 1, LOT 1&2 EXC PT IN ST, W 28' OF LOT 4, LAND &
- MLSID: 275644597
- Roof Type: Composition
- View Type: City
MAP & DIRECTIONS
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