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Listed by Svaren Realty
$ 1,250,000
Est. payment | /mo
2,880 SqFt
$ 1,250,000
Est. payment | /mo
2,880 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $434
MLS Listing ID 334432355
Year Built 1964
Annual Tax Amount $10,275
Tax Year 2025
Lot Size 9,583 Sqft
Property Sub-Type Commercial
Property Description
Investment opportunity on Portland's revitalizing 82nd Avenue corridor. This freestanding commercial building is fully leased to an established tenant, providing immediate cash flow from day one. Located in the heart of the Madison South neighborhood along one of East Portland's most recognizable commercial corridors, the property benefits from excellent visibility, strong traffic counts, and proximity to major transportation routes, Portland International Airport, and growing neighborhood amenities. Formerly home to Misfits Bar + Lounge, the property has a proven history as a hospitality venue while offering long-term flexibility for investors seeking stable income and future upside. With continued public and private investment transforming the 82nd Avenue corridor, this is an opportunity to acquire an income-producing commercial asset in a market poised for continued growth.
Location
State OR
County Multnomah
Area _142
Zoning C2
Interior
Heating Forced Air
Cooling Central Air
Equipment Fixtures, Furniture
Exterior
Roof Type Flat,Membrane
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
We're always here to help. Let's connect!
Matthew Tercek
Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)
+1(503) 453-5815 | matthew@tercekre.com