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12208 SE Market St, Portland, OR 97233

$1,700,000

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Property Description

Prime signalized corner featuring 2 one-level buildings totaling 4,242 SF on a CG-zoned lot with 15 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. Additional income from billboard ($4,680/year through 04/2029) and Building 2 lease ($2,200/month through 07/2031).

12208 SE Market St | MLS# 275644597

This commercial property located at 12208 SE Market St, Portland, OR 97233 is currently listed for sale with an asking price of $1,700,000. Search Portland real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Fuel Type: Gas
Heating: Forced Air, Heat Pump
Lot Size: 0.38 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $12,233
Year Built: 1951
Square Feet: 4,242

Feature Descriptions

Days on Site: 46
Loading Information: Loading
Miscellaneous Features: Fenced, Office, OneLevel
Parking Notes: OnSite
Present Use: Retail
Road Surface: Paved
Sewer: Public Sewer
Special View Info: City
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Oregon First
Agency Phone: 503-667-5686

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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