1617 SE 12th Ave
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1617 SE 12th Ave
1,815 SF Retail Building Portland, OR 97214 £591,750 (£326/SF)
Investment Highlights
- Street frontage on SE 12th Avenue
- Open wood-style structure and ambiance
- Seller will accept contract terms
- Fully equipped kitchen and storage
Executive Summary
Presenting a 1815 sqft retail building now available for sale, ideally suited for a single-operator restaurant-style business. This historic gem marks back to the late 1800s, blending vintage with contemporary renovations. Spanning two stories, the building has a fully equipped kitchen, ample storage space, and an inviting courtyard at the rear. Currently vacant, it is readily accessible for viewings by qualified buyers, accompanied by an agent. There is potential for a mixed-use adaptation, including the conversion of the second floor into residential space. Please don't hesitate to reach out to the Listing Agent for further details and to arrange showings. Seller will carry a contract - Terms Negotiable. Seller will do a lease option.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,815 SF
Building Class
B
Year Built
1885
Price
£591,750
Price Per SF
£326
Tenancy
Single
Number of Floors
2
Building FAR
0.60
Land Acres
0.07 AC
Zoning
RM2 - RM2 zoning is a medium-scale multi-dwelling zone applied in and around centers and corridors
Frontage
30 ft on SE 12th Ave
Amenities
- Courtyard
- Restaurant
- Roof Lights
- Air Conditioning
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R276119 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £68,477 |
PROPERTY TAXES
Parcel Number
R276119
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£68,477
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1617 SE 12th Ave
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