5263 NE NE MLK Jr. BLVD, Portland, OR 97211
- $450,000
5263 NE NE MLK Jr. BLVD, Portland, OR 97211
- $450,000
Overview
- 952 Sqft
- 2007
- Commercial, Commercial Sale
- 311665647
- 1.6 Acres
- Knipe Realty ERA Powered
- Daniel Silvey
Description
Rare opportunity to acquire a fully leased two-suite commercial condominium located on the ground floor of Vanport Square, a mixed-use retail and office complex. The Property consists of two separately demised suites, both occupied by tenants on short-term leases, providing immediate cash flow while preserving flexibility for future occupancy.The configuration creates an ideal opportunity for both investors and owner-users. A purchaser may continue operating the Property as an income-producing investment or occupy one suite while generating rental income from the other. The front suite features prominent frontage and visibility along NE Martin Luther King Jr. Boulevard, benefiting from strong exposure to passing vehicle and pedestrian traffic. The Property is further supported by a rear off-street surface parking lot, providing convenient parking for tenants, customers, and visitors.
Details
Updated on September 3, 2026 at 7:12 am-
MLS# 311665647
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Price $450,000
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Property Size 952 Sqft
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Land Area 1.6 Acres
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Garage Size x x
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Year Built 2007
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Property Type Commercial, Commercial Sale
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Property Status Active
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Office Name Knipe Realty ERA Powered
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Agent Name Daniel Silvey
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Office Phone 503-445-7660
Additional details
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Listing Terms Call Listing Agent, Cash, Conventional
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Roof Flat
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Sewer Public Sewer
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Cooling Central Air
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Heating Forced Air, Zoned
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County Multnomah
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Property Type Commercial Sale
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Parking Off Street
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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