5816 Foster RdPortland, OR 97206

This exceptional investment opportunity presents a versatile 8,000-square-foot flex space building situated on a 6,967-square-foot lot in Portland, Oregon's desirable Southeast sector. Priced at $1,500,000, this Class B property offers 7,714 square feet of net rentable area, perfect for owner-users. The building, constructed in 1968 and featuring two stories, is currently vacant and ready for immediate occupancy. The layout includes a mix of warehouse and office space; the warehouse area is divisible into smaller rooms, offering flexibility for various business needs. Upstairs, the office space provides ample natural light and overlooks Foster Road. Conveniently located at the corner of Foster Road and Gladstone Street, the property includes four off-street parking spaces. Zoned for Commercial Employment (CE), this standalone building presents a unique chance to acquire a well-located, adaptable property in a thriving Portland neighborhood. The property is offered as a NNN lease. This is a rare opportunity to own a versatile commercial property in a high-demand area.