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Office Building with Two-Level Layout
New
For Sale
$599,900

12151 SE Lincoln St, Portland, OR 97216

CommercialSale, Portland, OR

Property Size4,791 SF
Lot Size0.28 Acres
Price / SF$125.21
Days on Market1

Property Features for 12151 SE Lincoln St

General Information

Property type Commercial Sale
Property subtype Office
Zoning CM1
Directions SE 122nd Ave, W on SE Lincoln St, property on R.
Subdivision _143
Standard status Active
APN R145755
Size 4,791 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description D & O LITTLE HMS SUB 1, LOT 9 TL 3800
Tax Annual Amount 6945
Legal Description D & O LITTLE HMS SUB 1, LOT 9 TL 3800

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

marquee signage

Building Details

Year built 1977
Floors in Building 1
Building materials FullBasement, LapSiding, VinylSiding
Roof type Composition
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Added: Oct 16 Last Checked: Oct 16 at 10:06PM
MLS# 330336489

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.

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Investment Insights

Based on property information with market context.

This two-level office building contains 4,791 square feet on a 0.28-acre parcel and was built in 1977. Each floor has its own exterior entrance and ramp. The 2,405-square-foot main level includes a reception area, private offices, a conference room, two bathrooms, and storage and utility areas. On the lower level, 2,386 square feet of remodeled space includes an open work area, three private offices, a kitchenette, and a bathroom. Marquee signage and on-site parking are also present.

The property is at 12151 SE Lincoln St in Portland, just off SE 122nd, with access to SE Stark, SE Division, and I-205. Zoning is CM1.

Key Highlights

  • 4,791 square feet on a 0.28‑acre parcel
  • Two levels, each with a separate exterior entrance and ramp
  • Main level: 2,405 square feet with reception, private offices, conference room, two bathrooms, and storage

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Hair Salon Barber Shop Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

Demographics for 97216, OR

17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - CM1 zoning and individual ramp access to both floors accommodate separate office configurations.
Where is this office building located?
The property is located at 12151 SE Lincoln St Portland, OR.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 4,791 square feet on a 0.28‑acre parcel; Two levels, each with a separate exterior entrance and ramp; Main level: 2,405 square feet with reception, private offices, conference room, two bathrooms, and storage
More about this property
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