8283 Barbur BlvdPortland, OR 97219

For Sale
$1,125,000

Portland Retail & Apartment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property at 8283 SW Barbur Blvd, Portland, OR 97219, offers a unique owner-user opportunity. The 4,070 square foot building, constructed in 1951 and situated on a 4,768 square foot lot, boasts a recently renovated two-bedroom, one-bathroom apartment on the top floor. The apartment features a new kitchen, bathroom, flooring, and paint. The two levels of commercial space have undergone significant improvements, including updated restrooms, fresh paint, new lighting, HVAC systems, and a new fence. The first floor includes a medical build-out with multiple treatment rooms and access to a secure rear parking lot. The middle floor offers street-level commercial space. The building is currently 50% occupied and zoned CM2 (Commercial Mixed Use 2, City of Portland). The seller is open to leasing back a portion of the building. The property benefits from excellent signage visibility on Barbur Boulevard and convenient access to I-5 and Highway 99. Priced at $1,125,000, this is a compelling investment opportunity with significant upside potential. The gross lease structure provides straightforward income management.

Highlights

  • Fully renovated 2 bed/1 bath apartment, updated HVAC, fence, and parking lot.
  • Mixed-use building with residential and commercial space (one apartment, two commercial floors).
  • Partial building leaseback available to seller.
  • Excellent Barbur Boulevard signage.
  • Convenient I-5/Highway 99 access.

Property Details for 8283 Barbur Blvd

Property type
Other retail properties, Other mixed-use properties
Square Feet
4,070 SF
Year Built
1951
Stories
2

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.4652214
Longitude
-122.6988645
8283 Barbur Blvd, Portland, Oregon

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8283 Barbur Blvd
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