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Listed by eXp Realty, LLC • 503-504-0209
$ 1,950,000
Est. payment /mo
New
8325 SE MCLOUGHLIN BLVD Portland, OR 97202
7,778 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,778 sqft
Price per Sqft $250
MLS Listing ID 242595254
Year Built 1947
Annual Tax Amount $19,459
Tax Year 2025
Lot Size 0.890 Acres
Property Sub-Type Commercial
Property Description
A rare real estate development and/or a landmark Portland business opportunity in close-in SE Portland along the major arterial road of Highway 99/McLoughlin Blvd. Three tax lots for a total of 0.89 acre/38,757 sf with a landmark business and building of Portland. 271-foot frontage. Two parking lots accommodate 40 parking spaces. Restaurant capacity is 152 people. Great exposure and visibility from high-traffic-count highway. The well-recognized large business signage is grandfathered in as long as it is not removed. Large, two-story building. Johnson Creek on the West side of the property. Excellent location near MAX and public transportation. Direct access to and from the Sellwood area. Portland Commercial Employment (CE) zoning for retail sales and services, office space, quick vehicle servicing, vehicle repair, self-service storage, household living, institutional uses, and limited manufacturing and other low-impact industrial uses. 45-foot (~4 stories) maximum height. Parking not required. 2.5:1 FAR, can be increased to 4:1 with bonus provisions.
Location
State OR
County Multnomah
Area _143
Zoning CE
Interior
Heating Forced Air, Heat Pump, Other
Cooling Heat Pump
Equipment Fixtures, Furniture
Exterior
Waterfront Description Creek
Roof Type Flat
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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