Homes for sale - 1221 SE MADISON ST, Portland, OR 97214

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Veronica Servatius

veronica@premierepropertygroup.com +1(503) 444-1167

Listed by Windermere Realty Trust • 503-803-7678

$ 1,795,000

Est. payment | -/mo

5,033 SqFt

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$ 1,795,000

Est. payment | -/mo

Save Virtual Tour

5,033 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 5,033 sqft

Price per Sqft $356

MLS Listing ID 24466195

Year Built 1960

Annual Tax Amount $13,093

Tax Year 2024

Lot Size 7,405 Sqft

Property Sub-Type Commercial

Property Description

A true midcentury office building in the heart of Hawthorne/inner SE. Built in 1960 with exposed beams, butterfly ceiling and remnants of the original grass cloth, this has been a beloved property to owner occupied users and later an investment property. It has been home to school district offices, a CPA firm and most recently a natural health clinic. ADA ramp to lower level provides wheelchair accessibility. Two separate entrances and separation allow for multiple tenants. Upstairs features 2545 sf, 8 spacious individual offices, a large lobby and 2 bathrooms (One of the offices features a sink area that could be a kitchenette/break room). Lower level is 2488sf with a kitchenette, 2 bathrooms and 9 smaller offices and a lobby. Several configuration options, but 19 offices and 2 lobby areas as it sits! Nice rear parking lot with at least 6 spots. Lower level recently upgraded with luxury vinyl floors & 2024 waterproofing/trenching system. Furnace replacement (2024). So many options - designers/law offices/real estate office...Listing Agent is related to seller and a Co-Trustee for trust selling the property. Seller will consider carrying a contract.

Location

State OR

County Multnomah

Area _143

Zoning CM2

Interior

Heating Forced Air

Cooling Central 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

Listing Terms Cash, Contract, Conventional

Virtual Tour https://tours.thescenicroutestudios.com/1221semadisonst?b=0

Regional Multiple Listing Service (RMLS)

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Veronica Servatius

REALTOR® | Lic# 201222814

veronica@premierepropertygroup.com

+1(503) 444-1167

1500 NW Bethany Blvd Suite 190 Beaverton, OR, 97006

1221 SE MADISON ST Portland, OR 97214

Veronica Servatius

Key Details

Location

Interior

Exterior

Building

Others

1221 SE MADISON ST