5625 SE 83RD AVE
Portland, OR, 97266 $ 349,900
Bedrooms-- Baths-- Sq 616 Monthly Estimate*
$ 2,154
for $349,900. This 616 square foot building was built in 1986 on a lot size of 0.09.
Prime Southeast Portland Commercial Opportunity!Rare opportunity to own a versatile commercial property in a highly accessible SE Portland location with quick and convenient access to I-205. Situated on a 4,000 square foot lot and zoned CM3 (Commercial Mixed Use 3), this property offers exceptional flexibility for a variety of business uses. Flexible CM3 zoning allows for a wide variety of commercial, service, office, and mixed-use uses, offering significant future development potential. Development opportunities may include redevelopment into a larger commercial building or a mixed-use project with residential units above commercial space. Constructed in 1986 the building underwent extensive remodeling that began in 2022, with the majority of improvements completed in 2025. Upgrades include durable wide-plank luxury vinyl plank flooring, new interior doors and trim, updated bathroom fixtures, fresh interior paint, LED lighting, and a HVAC system for year-round comfort. The well-appointed breakroom features new kitchen cabinetry, quartz countertops, a built-in microwave, refrigerator, and added functionality with a shower and all in one washer/dryer unit. Three on-site parking spaces provide convenient access for employees and clients. The yard offers valuable outdoor space for storage, equipment, materials, or additional business operations. This property is ideal for a small business seeking office space combined with outdoor storage or work area. Potential uses may include a daycare, hair/nail salon, dog grooming/spa business, veterinary office, landscaping/construction contractor, professional office, service business, and many other commercial applications permitted under CM3 zoning. Whether you're an owner-user looking for a strategic business location, a small business seeking a highly visible and functional location, or an investor looking for future redevelopment potential, this move-in-ready property presents an outstanding opportunity.
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FeaturesGeneralSewer PublicSewer
Heating HeatPump
Cooling CentralAir
Roof Composition
Zoning CM3
Construction Materials WoodFrame WoodSiding
Year Built 1986
Sale Includes Building Land
Property Subtype Commercial
Tax Year 2025
Parcel Number R159040
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Foster to 83rd
City Portland
MLS Area _143
Lot Size Square Feet 3920.0
Listing Terms Cash Conventional
Tax Annual Amount 2684.81
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EVELYN BLOCK 3 LOT 6
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ExteriorParking Features OffStreet OnSite
Water Source PublicWater
Total Parking 3.0
Building Area Total 616.0
Lot Size Acres 0.09
Road Surface Type Concrete Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,154
- Monthly Property Taxes
- $224
- 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.
Learn more about how to save NearbyCommerical listings in Portland, OR
Average List Price $989,454
Percent of Sale Price 183%
About Portland, OR 646,380 Population
22% Since 2002
$ 62,517 Median Income
39 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/14/2026 | $349,900 | | Listed Price |