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Additional details
Listed by Realty First • 503-998-4135
$ 325,000
Est. payment /mo
Price Dropped by $24K
5625 SE 83RD AVE Portland, OR 97266
616 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 616 sqft
Price per Sqft $527
MLS Listing ID 721399408
Year Built 1986
Annual Tax Amount $2,684
Tax Year 2025
Lot Size 3,920 Sqft
Property Sub-Type Commercial
Property Description
Prime Southeast Portland Commercial Opportunity!Rare opportunity to own a versatile commercial property in a highly accessible SE Portland location with quick and convenient access to I-205. Situated on a 4,000 square foot lot and zoned CM3 (Commercial Mixed Use 3), this property offers exceptional flexibility for a variety of business uses. Flexible CM3 zoning allows for a wide variety of commercial, service, office, and mixed-use uses, offering significant future development potential. Development opportunities may include redevelopment into a larger commercial building or a mixed-use project with residential units above commercial space. Constructed in 1986 the building underwent extensive remodeling that began in 2022, with the majority of improvements completed in 2025. Upgrades include durable wide-plank luxury vinyl plank flooring, new interior doors and trim, updated bathroom fixtures, fresh interior paint, LED lighting, and a HVAC system for year-round comfort. The well-appointed breakroom features new kitchen cabinetry, quartz countertops, a built-in microwave, refrigerator, and added functionality with a shower and all in one washer/dryer unit. Three on-site parking spaces provide convenient access for employees and clients. The yard offers valuable outdoor space for storage, equipment, materials, or additional business operations. This property is ideal for a small business seeking office space combined with outdoor storage or work area. Potential uses may include a daycare, hair/nail salon, dog grooming/spa business, veterinary office, landscaping/construction contractor, professional office, service business, and many other commercial applications permitted under CM3 zoning. Whether you're an owner-user looking for a strategic business location, a small business seeking a highly visible and functional location, or an investor looking for future redevelopment potential, this move-in-ready property presents an outstanding opportunity.
Location
State OR
County Multnomah
Area _143
Zoning CM3
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Roof Type Composition
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Amenities & Attractions