OR > Portland
Portland, OR 97214,1221 SE MADISON ST
Portland, OR 97214,1221 SE MADISON ST
Portland, OR 97214,1221 SE MADISON ST
Portland, OR 97214,1221 SE MADISON ST
Portland, OR 97214,1221 SE MADISON ST
Portland, OR 97214,1221 SE MADISON ST
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Matt Willcuts

Matt Willcuts

+1(503) 807-8008
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 Active

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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1221 SE MADISON ST