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Listed by Cascade Hasson Sotheby's International Realty
$ 1,800,000
Est. payment | /mo
3,984 SqFt
$ 1,800,000
Est. payment | /mo
3,984 SqFt
Key Details
Property Type Commercial
Sub Type Live Work Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $451
MLS Listing ID 24042448
Year Built 2013
Annual Tax Amount $14,011
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
Nestled in the heart of SE Portland, this three-story live-work unit offers remarkable living potential along with income-generating opportunities. Constructed in 2013, the building is equipped with modern amenities suitable for a variety of business uses, whether as office space, retail store, or service-based enterprises. Each commercial unit spans 2,400 square feet, featuring large windows that flood the space with natural light. The units share a mirrored floor plan, each with a kitchen that includes a dishwasher, microwave, and range, as well as mini-splits and two bathrooms. Two floors in each unit provide ample space for offices, while the open floor entry is perfect for welcoming customers or clients. The units currently rent for $3,193 and $3,375. Above these commercial spaces lies a stunning residence with striking architecture and high ceilings. Situated on the third floor, this unit offers privacy and city views. The open-concept living and dining area features a fireplace and floor-to-ceiling windows, seamlessly integrating with the space. The residence includes two bedrooms and two bathrooms, providing a relaxing living environment. The kitchen is outfitted with modern amenities, including a range, dishwasher, refrigerator, and a large window above the sink. A large covered balcony, accessed by beautiful sliding glass doors, offers extra outdoor dining and entertainment space. The unit also offers rooftop access to a green roof with breathtaking views. This residence, while an exceptional place to live, also serves as an income generator through Airbnb or short-term rentals, currently earning between $2,800 and $3,000 per month from part-time rentals.
Location
State OR
County Multnomah
Area _143
Zoning CS
Interior
Heating Forced Air
Cooling Mini Split
Equipment SmokeDetector
Exterior
View City
Roof Type GreenRoof
Garage No
Building
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
