OR > Portland
Portland, OR 97216,8523 SE STARK ST
Portland, OR 97216,8523 SE STARK ST
Portland, OR 97216,8523 SE STARK ST
Portland, OR 97216,8523 SE STARK ST
Portland, OR 97216,8523 SE STARK ST
Portland, OR 97216,8523 SE STARK ST
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Spencer And Mariah Crawford

Spencer And Mariah Crawford

+1(503) 507-3666
Listed by Rose Country Realty
$ 1,500,000
Est. payment | /mo

2,729 SqFt

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$ 1,500,000
Est. payment | /mo
Save Virtual Tour

2,729 SqFt

Key Details

Property Type Commercial

Sub Type Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,729 sqft

Price per Sqft $549

MLS Listing ID 638680121

Year Built 1937

Annual Tax Amount $9,997

Tax Year 2024

Lot Size 0.290 Acres

Property Sub-Type Income

Property Description

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.

Location

State OR

County Multnomah

Area _143

Zoning CM2

Interior

Heating Forced Air

Exterior

Roof Type Composition

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Contract, Conventional, Rehab

Listing Terms Cash, Contract, Conventional, Rehab

Virtual Tour https://www.propertytours.us/8523-se-stark-st-portland-or-virtual-tour/#tour

Regional Multiple Listing Service (RMLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 507-3666

spencer@vettruscrawfordrealty.com

2175 NW Raleigh St. Suite 110, Portland, OR, 97210, United States

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8523 SE STARK ST