2530 NE 82ND AVE Portland, OR $ 1,250,000
2530 NE 82ND AVE
$ 1,250,000
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2530 NE 82ND AVE

Portland, OR, 97220
$ 1,250,000
Bedrooms-- Baths-- Sq 2,880
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Property for Rent in Portland, OR

for $1,250,000. This 2,880 square foot property was built in 1964 on a lot size of 0.22.

Investment opportunity on Portland's revitalizing 82nd Avenue corridor. This freestanding commercial building is fully leased to an established tenant, providing immediate cash flow from day one. Located in the heart of the Madison South neighborhood along one of East Portland's most recognizable commercial corridors, the property benefits from excellent visibility, strong traffic counts, and proximity to major transportation routes, Portland International Airport, and growing neighborhood amenities. Formerly home to Misfits Bar + Lounge, the property has a proven history as a hospitality venue while offering long-term flexibility for investors seeking stable income and future upside. With continued public and private investment transforming the 82nd Avenue corridor, this is an opportunity to acquire an income-producing commercial asset in a market poised for continued growth.

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Rental Active

Price

$ 1,250,000

Taxes

$ 10,275

Style

Commercial

Lot Size

0.22

Year Built

1964

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

334432355

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Flat Membrane
Zoning C2
Year Built 1964
Sale Includes Building Land Sign
Stories Count 1
Property Subtype Commercial
Tax Year 2025
Current Use Bar FoodService Restaurant
Parcel Number R251645
Gross Income 66000.0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions 82nd & NE Russell
City Portland
MLS Area _142
Lot Size Square Feet 9583.0
Listing Terms Cash Contract Conventional
Tax Annual Amount 10275.71
Property Condition UpdatedRemodeled
Lease Type YearsRemaining1to5 NNN
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 5500.0
Legal Description RAILWAY ADD BLOCK 29 LOT 1 EXC PT IN STS LOT 2-4 EXC PT IN ST
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Exterior
Parking Features OnSite
Water Source PublicWater
Total Parking 10.0
Number of Buildings 1
Building Area Total 2880.0
Lot Size Acres 0.22
Road Surface Type Paved
Other Equipment Fixtures Furniture
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Internal Only
Street Number 1 2530
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* Excluded Features
List By
Svaren Realty

Broker

Josh@svarenrealty.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2026$1,250,000 Listed Price

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2530 NE 82ND AVE, Portland, OR, 97220 is a Property for Rent at $1,250,000 with 2,880 sqft and a lot size of 0.22. 2530 NE 82ND AVE was built in 1964. The property's zip code is 97220 which is in Portland, OR