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Mixed-Use Property with Storage
For Sale
Contact for pricing
Pending

1117 SE 122nd Ave, Portland, OR 97233

Updated office with basement, plus a separately accessed rental apartment and three rear storage structures.

Property SizeContact for details
Days on Market148

Property Features for 1117 SE 122nd Ave

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily, Office, Retail
Zoning CM1

Additional Details

Fenced Yard Yes
Multifamily Units 1
Listing Agency: Crystal Bacon Real Estate
Listed By: Crystal Bacon · License #OR 200002199
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Sep 3 at 12:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crystal Bacon Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property includes an updated office occupying the main floor and basement totaling 2,428 square feet. The office features an entry lobby, waiting area, three offices, one full bathroom, a half bathroom, and a kitchen on the main level, with three additional offices and storage in the basement.

The second floor is a rented apartment with its own access stairway. In the rear of the lot, there are three rentable storage structures, and the rear access lot is gated. The property is identified in the CM1 zone in public remarks.

The office and apartment are both currently rented, and the three storage structures provide additional income through their separate units. A large lot also supports flexibility for on-site parking and storage for equipment or work vehicles.

Key Highlights

  • CM1 zone mixed‑use property with updated 2,428 SF office (main floor plus basement).
  • Office layout includes entry lobby, waiting area, 3 main‑floor offices, full bath, half bath, and kitchen; basement has 3 offices and storage.
  • Separately accessed second‑floor 504 SF apartment, completely updated and rented for $1,395 per month.

Property Analytics

Current Use

Top Notch Homes Housing Development Leila Armans DC Alternative Medicine Practice Miriam Mcmahon Production Facility MobiGleam- Mobile Detailing ... Car Wash Young Spa Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Electrical Service Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Travel Agency

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

1
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby

Demographics for 97233, OR

41,625
Population
14,844
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
9,049
Density / Sq Mi
$54,886
Median Household Income
$37,216
Median Earnings
$1,352
Median Rent
$385,100
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Updated office with basement, plus a separately accessed rental apartment and three rear storage structures.
Where is this mixed-use property located?
The property is located at 1117 SE 122nd Ave Portland, OR.
What are key features of this property?
This property features: CM1 zone mixed‑use property with updated 2,428 SF office (main floor plus basement).; Office layout includes entry lobby, waiting area, 3 main‑floor offices, full bath, half bath, and kitchen; basement has 3 offices and storage.; Separately accessed second‑floor 504 SF apartment, completely updated and rented for $1,395 per month.
More about this property
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