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12208 SE MARKET ST Portland, OR $ 1,700,000
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12208 SE MARKET ST
$ 1,700,000
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12208 SE MARKET ST

Portland, OR, 97233
$ 1,700,000
Bedrooms-- Baths-- Sq 4,242
12208 SE MARKET ST, Portland, OR 97233 - Image 1
12208 SE MARKET ST, Portland, OR 97233 - Image 2
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12208 SE MARKET ST, Portland, OR 97233 - Image 4
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12208 SE MARKET ST, Portland, OR 97233 - Image 7
12208 SE MARKET ST, Portland, OR 97233 - Image 8
12208 SE MARKET ST, Portland, OR 97233 - Image 9
12208 SE MARKET ST, Portland, OR 97233 - Image 10
12208 SE MARKET ST, Portland, OR 97233 - Image 11
12208 SE MARKET ST, Portland, OR 97233 - Image 12
12208 SE MARKET ST, Portland, OR 97233 - Image 13
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12208 SE MARKET ST, Portland, OR 97233 - Image 17

Property for Rent in Portland, OR

for $1,700,000. This 4,242 square foot property was built in 1951 on a lot size of 0.38.

Prime signalized corner investment opportunity featuring 2 one-level buildings totaling 4,242 SF on a CG-zoned lot with 13 parking spaces, multiple private offices, reception area, kitchens, conference rooms, and bathrooms. Building 1 includes 3 units with recent upgrades: new roof, new furnaces, new A/C units, new interior paint, new bathrooms, plus new water lines and iron fencing. Nearby separate building 2 has an approximately 10-year-old roof and is leased to a convenience store currently under remodel, providing income potential.Strong visibility, established tenancy, and surrounded by restaurants and retail businesses in a high-traffic location.

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Rental Active

Price

$ 1,700,000

Taxes

$ 12,233

Style

Commercial

Lot Size

0.38

Year Built

1951

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

275644597
Features
General
Sewer PublicSewer
Heating ForcedAir HeatPump
Cooling CentralAir
Roof Composition
Zoning CG
Construction Materials Cedar Frame Other
Year Built 1951
Sale Includes Building
Stories Count 1
Property Subtype Commercial
Tax Year 2025
Current Use Retail
Parcel Number R305388
Gross Income 1.0
County Multnomah
Operating Expense 1.0
Property Type CommercialSale
HOA N
Status Active
Directions On Signalized Corner of SE 122nd & SE Market St.
City Portland
MLS Area _143
Lot Size Square Feet 16552.0
Listing Terms Cash Conventional
Tax Annual Amount 12233.28
Property Condition UpdatedRemodeled
Lease Type YearsRemaining5to10
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description WHITEHURST BLOCK 1 LOT 1&2 EXC PT IN ST W 28' OF LOT 4 LAND &
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Exterior
Parking Features OnSite
Water Source PublicWater
Total Parking 13.0
Number of Buildings 2
Building Area Total 4242.0
Lot Size Acres 0.38
Road Surface Type Paved
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Internal Only
Street Number 1 12208
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* Excluded Features
List By
Oregon First

Broker

amyliu13678@yahoo.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/2/2026$1,700,000 Listed Price

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12208 SE MARKET ST, Portland, OR, 97233 is a Property for Rent at $1,700,000 with 4,242 sqft and a lot size of 0.38. 12208 SE MARKET ST was built in 1951. The property's zip code is 97233 which is in Portland, OR

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