2809 NE M L KING BLVD # 2 Portland, OR $ 405,000
2809 NE M L KING BLVD # 2
$ 405,000
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2809 NE M L KING BLVD # 2

Portland, OR, 97212
$ 405,000
Bedrooms-- Baths-- Sq 1,137

Monthly Estimate*

$ 2,494

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Commercial Property for sale in Portland, OR

for $405,000. This 1,137 square foot building was built in 2008.

Versatile ground-floor commercial condo in NE Portland offering exceptional flexibility for investors, owner-users, or live/work buyers. Featuring two separate entrances and dual addresses, this unique property presents a rare opportunity to occupy one space while leasing the other, or easily demising into two independent units. The space is filled with character, showcasing polished concrete floors, high ceilings, and an open, adaptable layout suited for a variety of uses including retail, studio, office, or creative workspace. Strong street presence and consistent traffic provide excellent visibility and accessibility for customers or clients. Whether you’re looking to establish a business, generate income, or create a dynamic live/work environment, this property offers the versatility and location to make it happen.

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Commercial Active

Price

$ 405,000

Property Type

Commercial

Taxes

$ 5,061

Style

Commercial

Year Built

2008

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

589565542

Features
General
Sewer PublicSewer
Heating Radiant
Zoning CM3
Construction Materials Other
Year Built 2008
Unit Number 2
Property Subtype Commercial
Tax Year 2025
Current Use Office Retail
Parcel Number R619489
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions MLK to NE Graham St
City Portland
MLS Area _142
Listing Terms Cash Conventional FHA
Tax Annual Amount 5061.87
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description GRAHAM STREET LOFTS CONDOMINIUM LOT 2
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Exterior
Parking Features OnStreet
Water Source PublicWater
Building Area Total 1137.0
Road Surface Type Paved
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Internal Only
Street Number 1 2809
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-939-8231

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Affordability Calculator

$2,915
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
$422
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$405,000 Listed Price

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2809 NE M L KING BLVD # 2, Portland, OR, 97212 is a Commercial Property for sale at $405,000 with 1,137 sqft. 2809 NE M L KING BLVD # 2 was built in 2008. The property's zip code is 97212 which is in Portland, OR