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Listed by L Weber Real Estate Services, LLC. • 503-930-0933
$ 395,000
Est. payment | /mo
1,130 SqFt
$ 395,000
Est. payment | /mo
1,130 SqFt
Key Details
Property Type Commercial
Sub Type Light Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,130 sqft
Price per Sqft $349
MLS Listing ID 24591707
Year Built 1966
Annual Tax Amount $5,770
Tax Year 2024
Lot Size 0.300 Acres
Property Description
Significant price reduction!!! Great business starter opportunity with Seller Terms available in an updated structure literally built like a redwood tank which the custom design actually is. A 1966 International Tank and Pipe Co. solid redwood structure originally intended as a small 2-story legal firm then several years as a salon. Most recent occupant had a cannabis oil product facility. The electrical service and ventilation systems could easily lend themselves to a pottery studio, creative food production, jewelry repair, or a hub to start-up a new plumbing or small electrical tool work, subject to review of zoning requirements. Property spotless, ready to go, and being sold As-Is. Current owner in 2017/18 fully upgraded electrical (400 amps - new panel), new upper level HVAC, new wiring-(except half-bath), vent systems, extensive security system, new VCT flooring, room walls/dividers, and to 2018 code, commercial enclosed stairwell. Structure has qualified for F-1 (permit attached) light manufacturing and improvements have been installed for food grade level small production per 2018 Dept of Agriculture regulations. Buyer to perform their own due diligence review as to current CM2 & a small NE portion R5 zoning and permitting as applicable to the anticipated use they intend for the property. Paved parking area can currently accommodate 7 cars. 13,300 sq ft, two tax lot parcel. Super SW location in Johns Landing/Fulton area minutes to downtown, Lake Oswego, and Portland metro. Seasonal views of the Willamette River and Mt. St Helens from upper floor. Your imagination is the limit with this groovy piece of Portland history.
Location
State OR
County Multnomah
Area _148
Zoning CM2, R5
Interior
Heating Forced Air, Zoned
Cooling Central Air
Equipment Fixtures, SecuritySystem
Exterior
View Mountain, River, Seasonal
Roof Type BuiltUp
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing CallListingAgent, Cash, Contract
Listing Terms CallListingAgent, Cash, Contract
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Nicole Richards
REALTOR®, Broker, Investor | Lic# OR 930200328 | AZ SA708210000