Overview
- 6520 Sqft
- 1971
- Income, Commercial Sale
- 535506988
- 0.5 Acres
- Modern Realty
- David Brownlee
Description
In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.
Details
Updated on April 28, 2026 at 12:37 am-
MLS# 535506988
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Price $2,100,000
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Property Size 6520 Sqft
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Land Area 0.5 Acres
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Garage Size x x
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Year Built 1971
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Property Type Income, Commercial Sale
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Property Status Active
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Office Name Modern Realty
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Agent Name David Brownlee
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Office Phone 971-340-6636
Additional details
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Listing Terms Cash, Conventional
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Sewer Public Sewer
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Cooling Central Air
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Heating Forced Air
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County Multnomah
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Property Type Commercial Sale
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Parking Paved
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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