Active
8523 SE STARK ST
Portland OR, 97216
$1,500,000
$549.65 per sqft
Active
2,729 sqft
Commercial
Built in 1937
Courtesy of Rose Country Realty
Exceptional opportunity for two parcels in one corner lot with two access points. Favorable zoning in the Montavilla neighborhood. Favorable location and zoning for residential units or a 4-story apartment building/complex. CM-2 zoning allows for mixed use such as retail/ residential. Owners will consider longer term financing, if necessary. Home with attached garage: Main home built in 1937 as a residential property with the garage (936 SF) added in 1952. The home was Office Space as a result, the home does not have a kitchen and then was a Children's Daycare Center. The garage was a carpentry shop and most recently an automotive repairs shop with an office. Modular building: Approximately 800 SF with two restrooms and in the past primarily as part of the children's daycare center. Parking area: Currently seller states 20+ parking spots. Exceptional opportunity. Two parcels with one as a corner lot. Ideal setup for an owner/user or a developer. Purchase it today or partner with the owner to unlock the full potential of this property. The seller is willing to participate in future development to capitalize on this exceptional opportunity. With its strategic location and favorable zoning, there is ample room for growth and expansion of this corner property with proximity to main roads and freeways. The seller is willing to consider partial seller carry financing for up to five years.
638680121
MLSⓇ ID
January 10, 2025
Listed
January 14, 2025
Updated
Map
8523 SE STARK ST
Portland OR, 97216
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.29 Acres
Roof
Composition
Sewer
Public Sewer
Other Property Details
Area Name
_143
Taxes
$9,998
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking
Off Street
Parking Total
20
View
No
County
Multnomah
Water Source
Public Water
Pool
No
Zoning
CM-2
Listing Courtesy of Rose Country Realty, Annie Wrucke. 971-570-2216
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Cascade Hasson | Sotheby’s International Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 1/14/2025, 2:45 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available
Listing content is copyright © 2025 RMLS™, Portland, Oregon. All rights reserved.