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    12724 SE Stark #68&69 Portland, OR 97233

    For Sale
    $424,500

    Recently remodeled office condominium, ideal for owner-occupiers or investors.

    Property size:
    1,550 SF

    Property Features for 12724 SE Stark #68&69

    General Information

    Standard status
    Active
    Size
    1,550 SF

    Building Details

    Year built
    1981

    Source: JIM KUNKEL REALTY Agent LANCE KUNKEL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Office Space For Sale

    This commercial office space presents an opportunity for ownership within an office condominium complex. The property has been recently remodeled with new paint, floor coverings, and window blinds. The office is part of a well-established and managed HOA, which covers garbage, sewer, water, exterior maintenance (including roofing), grounds keeping, and complex management. HOA dues are currently $695 per month, with additional signage space available on Stark Street for $75 per month. The 1550 square foot office space can be subdivided into two separate units, one 500 sq ft and the other 1,050 sq ft, each with independent entrance doors and bathroom facilities, allowing for separate ownership and leasing. Ample parking is available around the centrally located office. This property is for sale, the business currently located at the site is not for sale as part of this transaction.
    Insight Report Location Intelligence

    Current Use by Public Records

    HearingLife of Portland OR Doctor Danielle Garrido Audiologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.497
    Latitude
    45.5135

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    FAQs

    What type of property is this?
    Office space - Recently remodeled office condominium, ideal for owner-occupiers or investors.
    Where is this office space located?
    The property is located at 12724 SE Stark #68&69 Portland, OR.
    What is the asking price?
    The asking price for this property is $424,500.
    What are key features of this property?
    This property features: - Opportunity to own commercial office space and build equity instead of renting.; - Can be subdivided into two separate leasable units (500 sq ft and 1,050 sq ft) with independent entrances and bathrooms.; - Recently remodeled with new paint, floor coverings, and window blinds.
    (503) 252-1166
    Request Owner's contact information
    12724 SE Stark #68&69 Portland, OR 97233
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    Portland, OR 97233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12724 SE Stark #68&69 Portland, OR 97233
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