Turnkey Wellness Center with Treatment
For Sale
$1,695,000
1016 SE 12TH Ave, Portland, OR 97214
CommercialSale, Portland, OR
Property Size5,006 SF
Price / SF$338.59
Days on Market472
Property Features for 1016 SE 12TH Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM2
Directions
SE Yamhill St
Subdivision
_143
Standard status
Active
APN
R176938
Size
5,006 SF
Taxes and HOA fees
Tax Description
HAWTHORNE PK, BLOCK 256, LOT 2
Tax Annual Amount
12524
Legal Description
HAWTHORNE PK, BLOCK 256, LOT 2
Utilities
Heating system
Forced Air
Building Details
Year built
1901
Floors in Building
3
Roof type
Shingle, Flat
Listing Agency:
Keller Williams PDX Central · Keller Williams Realty
(503) 548-4848
Listed By:
Kaya Liden
(503) 847-5903
Added: May 12, 2025
Changed: Aug 25
Last Checked: Aug 26 at 6:06AM
MLS# 252542195
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,006-square-foot wellness property, built in 1901, operates as a holistic healing center with 13 private treatment suites and a 900-square-foot yoga and event studio. Twelve suites are leased to long-term, licensed practitioners, supporting an established operating model. The building is served by forced-air heating and has both shingle and flat roofing.
A dedicated 38-space parking lot is located directly across from the property, providing parking for clients and practitioners. Recent capital work includes exterior painting and a new deck completed in 2024, while the sewer line and roof were replaced within the past 10 years. The property is zoned CM2 and includes a professionally managed website used to support daily operations.
A dedicated 38-space parking lot is located directly across from the property, providing parking for clients and practitioners. Recent capital work includes exterior painting and a new deck completed in 2024, while the sewer line and roof were replaced within the past 10 years. The property is zoned CM2 and includes a professionally managed website used to support daily operations.
Key Highlights
- 12 of 13 private treatment suites leased to long‑term, licensed practitioners
- 900 SF yoga and event studio
- Dedicated 38‑space parking lot directly across from the property
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,684
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97214, OR
28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Hasina Cohen — 2410 SE 10th Ave, Portland, OR 97214
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- Jonathan Ho — 2505 SE 11th Ave #268, Portland, OR 97202
- The Healthy Foundation — 2505 se 11th ave, portland, or 97202
- AOM Health — 959 SE Division St, Portland, OR 97214
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Operational holistic wellness center with leased practitioner suites, an event studio, and dedicated off-site parking.
Where is this spa & wellness property located?
The property is located at 1016 SE 12TH Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 12 of 13 private treatment suites leased to long‑term, licensed practitioners; 900 SF yoga and event studio; Dedicated 38‑space parking lot directly across from the property
