1525 SE M L KING BLVD Portland, OR 97214

$1,475,000
1525 SE M L KING BLVD, Portland, OR 97214
18165565

Commercial Property for sale in Portland, OR

for $1,475,000. This 4,124 square foot building was built in 1922 on a lot size of 0.0900 Acre(s).

Property Information

  • $1,475,000
  • Commercial
  • 4,124 Square Feet
  • Taxes are $5,034
  • Commercial
  • Active
  • 2 Floors
  • Lot size of 0.0900 Acre(s)
  • Built in 1922
  • Portland, OR
  • Hosford-Abernethy Neighborhood
  • Multnomah County
  • MLS/Web ID is 18165565

Description

Very busy corner/lighted intersection of MLK and Clay.Great property for rezone "EXD" height up to 275 SF. You can do retail at street level and Multifamily or office above. Buyer to do due diligence with City of PDXSeller to do 1031 exchange at no cost to buyer.

Interior 3

Heating Source

  • Electric

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 3

Construction

  • Concrete

Parking

  • On Street Parking

Roof

  • Composition

† Excluded Feature

Listed By

Broker: KELLER WILLIAMS REALTY PORTLAND PREMIERE

1525 SE M L KING BLVD, Portland, OR, 97214 is a Commercial Property for sale at $1,475,000 with 4,124 sqft and a lot size of 0.0900 Acre(s). 1525 SE M L KING BLVD has 0.0 baths and was built in 1922. The property's zip code is 97214 which is in Portland, OR

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Pricing History

Date Price Price Change Description
7/26/2018 $1,475,000 -7.75 % Price Change
6/23/2018 $1,599,000 -3.07 % Price Change
2/26/2018 $1,649,600 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Portland $616,111 58 % below $487,000 67 % below
Commerical listings in Portland $955,626 35 % below $687,000 53 % below

Get the facts about Portland, OR!

Population 622,004
Population Growth (since 2000) 18 %
Median Income $55,114
Median Age 37.78
Households w/ Children 23 %

Residential Dwellings

  • Owned 143581
  • Vacant 17228
  • Rented 123547

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363