1617 Se 12TH Ave, Portland, OR 97214

$750,000 Asking Price

1 bed
2 baths
1,815  sqft
Built in 1885

This is an inner SE commercial building located in the hot Hawthorne District. Previously home to Teote, this vintage building with it's large storefront window package, stained concrete floors, massive upper level vaulted great room and too many custom features to list, is now available. Multiple business opportunities/options are available including a combination of commercial with residential or all commercial. Originally set-up as a live work with the residence on the 2nd floor, this unique building could be converted to full commercial use for retail or as a restaurant with the ability to leverage the large outdoor patio with built-in firepits, mature landscaping and buildout options to support outside service. This is a rare opportunity to capitalize on a well know location with a new concept business. Seller will carry a contract - Terms Negotiable


Features & Amenities

Interior

General:
Wood floors
Appliances:
Free standing gas range, Free standing range, Range hood
A/C:
Wall unit
Heating:
Mini split

Exterior

General:
Wood siding, Patio
Style:
Craftsman
Parking:
Parking spaces: 0

Construction

Roofing:
Composition

Location

Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Multnomah

Lot

Zoning:
RM2, STEPHENS ADD, BLOCK 122, LOT 7 TL 15600, R276119

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
John L. Scott NE Portland, Israel Hill

About Portland, OR

Housing

Number of Units
428,822
Median Home Value
$473,531
Median Rent
$1,251

43.72% of housing units are renter occupied.

5.89% are vacant.

Commute

Car
46.63%
Public Transportation
6.64%
Walk to Work
3.11%
Work from Home
40.47%
Other
0.60%

The median travel time to work is 17 minutes.

People

Population
933,432
Median Age
38.50
Median Household Size
2.55

Education

High School
15.24%
Associate’s Degree
6.78%
Bachelor’s Degree
30.17%
Graduate Degree
20.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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