1516 SE 43RD AVE Portland, OR $ 529,900
1516 SE 43RD AVE
$ 529,900
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1516 SE 43RD AVE

Portland, OR, 97215
$ 529,900
Bedrooms-- Baths-- Sq 2,224

Monthly Estimate*

$ 3,660

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Commercial Property for sale in Portland, OR

for $529,900. This 2,224 square foot building was built in 1902.

Exceptional CM2 Commercial Opportunity with Full Basement & Endless Potential – 1516 SE 43rd AveDiscover the possibilities at 1516 SE 43rd Ave, a unique commercial opportunity offering CM2 zoning, a full basement, and tremendous flexibility for an owner-user, investor, or entrepreneur.The standout feature is the full basement, providing an abundance of additional space with endless possibilities. Imagine expanded workspace, storage, offices, creative studio space, or a customized business environment—all subject to applicable zoning and permitting requirements.With CM2 zoning, this property offers the potential for a variety of commercial uses and the flexibility to bring your business vision to life. The property’s location, usable footprint, and additional basement space create an exciting combination of functionality and future potential.Whether you’re searching for a place to establish your business, expand your operations, invest for the future, or create a distinctive commercial destination, this property deserves a closer look.Opportunities like this are hard to find—bring your vision and unlock the full potential of 1516 SE 43rd Ave.

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Commercial Active

Price

$ 529,900

Property Type

Commercial

Taxes

$ 6,960

Style

Commercial

Year Built

1902

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

477071675

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning CM2
Construction Materials FullBasement
Year Built 1902
Sale Includes Building
Stories Count 3
Property Subtype Commercial
Tax Year 2025
Current Use Office ProfessionalService
Parcel Number R176595
Gross Income 0
County Multnomah
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions GPS Friendly
City Portland
MLS Area _143
Listing Terms Cash Conventional FHA VALoan
Tax Annual Amount 6960.93
Property Condition Existing
Virtual Tour https://www.zillow.com/view-imx/4372a9cb-781d-4067-9ddd-88a0c45afb27?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description HAWTHORNE AVE ADD BLOCK 4 S 36.2 OF LOT 7&8
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Exterior
Parking Features OnStreet
Water Source PublicWater
Total Parking 0
Number of Buildings 1
Building Area Total 2224.0
Road Surface Type Paved
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Internal Only
Street Number 1 1516
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* Excluded Features
List By
Jmg - Jason Mitchell Group

Broker

Don@teamclemons.com

Email

Affordability Calculator

$4,240
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,660
Monthly Property Taxes
$580
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/11/2026$529,900 -6.20% Price Down
9/14/2026$564,900 -5.83% Price Down
9/11/2026$599,900 Listed Price

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1516 SE 43RD AVE, Portland, OR, 97215 is a Commercial Property for sale at $529,900 with 2,224 sqft. 1516 SE 43RD AVE was built in 1902. The property's zip code is 97215 which is in Portland, OR