8431 45Th PlPortland, OR 97222

This exceptional investment opportunity presents a 4,110 square foot shopping center ideally situated at 8431 & 8441 SE 45th Place in Portland, Oregon, within Multnomah County (zip code 97222). The property boasts a generous 12,670 square foot lot and is zoned CE Commercial Employment, offering considerable flexibility for future development. Permitted uses include retail, office, and even residential, providing a diverse range of potential income streams. The property's strategic location near Johnson Creek Boulevard ensures excellent visibility and accessibility, further enhanced by its position on a signalized corner. Currently, the center houses tenants on month-to-month leases, presenting an immediate opportunity to increase rental income by leveraging below-market rents. The asking price for this well-positioned and versatile property is $955,000. This represents a compelling investment prospect for those seeking a strong return in a thriving Portland market. The property's diverse zoning and prime location make it an attractive option for both seasoned investors and those new to commercial real estate. Don't miss this chance to acquire a valuable asset with significant upside potential.