1617 SE 12TH AVE Portland, OR $ 750,000
1617 SE 12TH AVE
$ 750,000
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1617 SE 12TH AVE

Portland, OR, 97214
$ 750,000
Baths0.0 Sq 1,928

Monthly Estimate*

$ 4,985

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Studio

Commercial Property for sale in Portland, OR

for $750,000. This 1,928 square foot building was built in 1885 on a lot size of 0.07.

This is an inner SE commercial building located in the hot Hawthorne District. Previously home to Teote, this vintage building with it's large storefront window package, stained concrete floors, massive upper level vaulted great room and too many custom features to list, is now available. Multiple business opportunities/options are available including a combination of commercial with residential or all commercial. Originally set-up as a live work with the residence on the 2nd floor, this unique building could be converted to full commercial use for retail or as a restaurant with the ability to leverage the large outdoor patio with built-in firepits, mature landscaping and buildout options to support outside service. This is a rare opportunity to capitalize on a well know location with a new concept business. Seller will carry a contract - Terms Negotiable.

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Commercial Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,299

Style

Commercial

Lot Size

0.07

Year Built

1885

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23619159

Features
General
Sewer PublicSewer
Heating Ductless
Roof Composition
Zoning R1
Construction Materials WoodSiding
Year Built 1885
Sale Includes Building Equipment Land
Property SubType Commercial
Tax Year 2022
Current Use Restaurant
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
Status Active
Directions SE 12th between Clay & Market
City Portland
MLS Area _143
Lot Size Square Feet 3049.0
Listing Terms Cash Contract Conventional
Tax Annual Amount 2299.81
Property Condition Approximately
Days on Market 296
Standard Status Active
Legal Description STEPHENS ADD BLOCK 122 LOT 7 TL 15600
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Exterior
Parking Features OnStreet
Water Source PublicWater
Building Area Total 1928.0
Lot Size Acres 0.07
Road Surface Type Paved
Other Equipment Furniture SmokeDetector
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Internal Only
Street Number 1 1617
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* Excluded Features
List By
John L. Scott Ne Portland

Broker

israelhill@johnlscott.com

Email

Affordability Calculator

$5,176
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$750,000 -3.23% Price Down
2/21/2024$775,000 -3.11% Price Down
1/31/2024$799,900 -5.88% Price Down
1/10/2024$849,900 -5.56% Price Down
12/9/2023$899,900 -5.27% Price Down
11/20/2023$950,000 -4.52% Price Down
10/9/2023$995,000 -4.78% Price Down
9/30/2023$1,045,000 -4.57% Price Down
8/24/2023$1,095,000 Listed Price

Map


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1617 SE 12TH AVE, Portland, OR, 97214 is a Commercial Property for sale at $750,000 with 1,928 sqft and a lot size of 0.07. 1617 SE 12TH AVE is a studio with 0.0 baths and was built in 1885. The property's zip code is 97214 which is in Portland, OR