5538 SE 22ND AVE Portland, OR $ 799,000
5538 SE 22ND AVE
$ 799,000
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5538 SE 22ND AVE

Portland, OR, 97202
$ 799,000
Bedrooms-- Baths-- Sq 2,170

Monthly Estimate*

$ 4,920

5538 SE 22ND AVE, Portland, OR 97202 - Image 1
5538 SE 22ND AVE, Portland, OR 97202 - Image 2
5538 SE 22ND AVE, Portland, OR 97202 - Image 3
5538 SE 22ND AVE, Portland, OR 97202 - Image 4
5538 SE 22ND AVE, Portland, OR 97202 - Image 5
5538 SE 22ND AVE, Portland, OR 97202 - Image 6
5538 SE 22ND AVE, Portland, OR 97202 - Image 7
5538 SE 22ND AVE, Portland, OR 97202 - Image 8
5538 SE 22ND AVE, Portland, OR 97202 - Image 9

Commercial Property for sale in Portland, OR

for $799,000. This 2,170 square foot building was built in 1963 on a lot size of 0.09.

Seller open to leasing the property back after closing at approximately $4,000/month for up to 6 months, offering potential flexibility and possible immediate income opportunity for Buyer. Leaseback terms, timing, and conditions to be negotiated separately and documented in writing.Located in the heart of the vibrant Sellwood-Moreland area, this fully renovated mixed-use commercial property offers flexibility for owner-users, investors, or creative professionals alike. The thoughtfully updated two-story space blends professional functionality with modern character in a highly accessible Southeast Portland location. Featuring 2,170 square feet, multiple private and open workspaces, 1 full bath and 1 half bath, the property may be well suited for office, studio, boutique commercial, or other uses permitted under the CE (Commercial Employment) zoning.Positioned just minutes from major highway access while still tucked within a residential neighborhood, the property offers convenient accessibility and a flexible layout for a variety of business needs. Additional features include 5 dedicated parking spaces plus street parking, visibility near McLoughlin Blvd, and updated interior finishes throughout. Originally built in 1963 and extensively renovated, this turnkey commercial opportunity is located in one of Southeast Portland’s established commercial corridors.

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Commercial Active

Price

$ 799,000

Property Type

Commercial

Taxes

$ 4,953

Style

Commercial

Lot Size

0.09

Year Built

1963

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

545719805

Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Zoning CE
Year Built 1963
Sale Includes Building Land
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Office
Parcel Number R164458
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions SE MCLOUGHLIN TO SE ELLIS ST
City Portland
MLS Area _143
Lot Size Square Feet 3920.0
Listing Terms CallListingAgent Cash LeaseOption
Tax Annual Amount 4953.81
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description FLORAL PK ADD BLOCK 5 LOT 10&11 EXC PT IN STATE HWY
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Exterior
Parking Features OnStreet Paved
Water Source PublicWater
Total Parking 5.0
Number of Buildings 1
Building Area Total 2170.0
Lot Size Acres 0.09
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Internal Only
Street Number 1 5538
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* Excluded Features
List By
Networth Realty Of Portland

Broker

monica@networthpdx.com

Contact

Affordability Calculator

$5,332
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
$413
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
5/27/2026$799,000 Listed Price

Map


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5538 SE 22ND AVE, Portland, OR, 97202 is a Commercial Property for sale at $799,000 with 2,170 sqft and a lot size of 0.09. 5538 SE 22ND AVE was built in 1963. The property's zip code is 97202 which is in Portland, OR