4536 NE 102ND AVE, Portland, OR 97220

$500,000
2,166
SqFt

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List Price
$500,000
Days on Market
1
MLS#
486079123
Property Type
Multifamily
Sqft. of Residence
2,166
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

A hidden gem in the rough with real flexibility. Situated on anapproximately 13,504 SF lot, this property features an existing 2,166 SF, two-level office building with basement, originally built in 1957 and updated over the years with a more modern look and feel. Previously used as an accounting firm and now vacant, the building needs some TLC but offers a solid opportunity for an owner-user or investor. The property was historically zoned commercial before being rezoned prior to annexation into the City of Portland. The existing office use is currently being maintained as a nonconforming use, providing a potential path for a buyer who wishes to continue using the property as an office.Prefer redevelopment? The property is currently zoned RM1, creating potential for duplex, fourplex or other multifamily development. Buyer to perform their own due diligence with the City of Portland regarding development potential and permitted uses. Located near PDX Airport with convenient access to majortransportation routes, shopping, dining and surrounding amenities. Whether you are looking for an office, investment property or redevelopment opportunity, this property gives you options and the flexibility to choose the direction that works for you.

Additional Information

Tax Amount
$7,320
Year Built
1957
High School
Parkrose
Elementary School
Prescott
Middle School
Parkrose
Acres
0.31
Living Area
2,166
Stories
1
Terms
Cash, Contract, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Ceiling
Hoa Rent Includes
None
Exterior Description
Other
Roof Type
Other
Sewer Description
Public Sewer
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved

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Calculator source: Real Geeks

Listing courtesy of Premiere Property Group, LLC.

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