2823 SW 1ST AVE, Portland, OR 97201

  • $1,250,000

Overview

  • 4800 Sqft
    Property Size
  • 1910
    Year Built
  • Commercial, Commercial Sale
    Property Type
  • 733440364
    MLS#
  • 0.09 Acres
    Land Area
  • Keller Williams Realty Portland Premiere
    Office Name
  • Grace Kim
    Agent Name

Description

Rare live/work commercial opportunity in historic Lair Hill! This 4,900 SF building across 3 functional levels sits on a 3,975 SF lot with flexible CM1 (Commercial Mixed Use) zoning—perfect for retail, office, or residential combinations. The ground floor features a turnkey 1,600 SF 2nd-generation restaurant. Formerly operated as Lair Hill Bistro, currently leased month-to-month for immediate holding income or a seamless transition for an owner-operator. Upper levels feature a spacious 5 BR / 1 BA apartment, ideal for living above your business or generating additional rental income. Unbeatable versatility and location!

Details

Updated on September 5, 2026 at 7:14 am
  • MLS# 733440364
  • Price $1,250,000
  • Property Size 4800 Sqft
  • Land Area 0.09 Acres
  • Garage Size x x
  • Year Built 1910
  • Property Type Commercial, Commercial Sale
  • Property Status Active
  • Office Name Keller Williams Realty Portland Premiere
  • Agent Name Grace Kim
  • Office Phone 503-597-2444

Additional details

  • Listing Terms Cash
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Mini Split
  • Heating Mini Split
  • County Multnomah
  • Property Type Commercial Sale
  • Parking On Street

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