Restored Mixed-Use Commercial
For Sale
Contact for pricing
Pending
1448 NE 28th Ave, Portland, OR 97232
Renovated two-level property combining an M-zoned commercial area with an upstairs R3 residential component.
Property SizeContact for details
Days on Market143
Property Features for 1448 NE 28th Ave
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily, Retail
Listing Agency:
Modern Realty
(971) 340-6636
Listed By:
Santino Filipelli · License #201011066
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 5:03PM
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 Modern Realty
Investment Insights
Based on property information with market context.
This mixed-use building combines a commercial level with an upstairs residential portion, creating a two-level live-work configuration. The lower area is zoned M for mercantile and retail use and is currently leased under a modified gross lease. Improvements include a new grease trap, garage doors, closed-cell insulation in the commercial walls, HVAC and central air, plumbing, electrical systems, windows, doors, siding, reclaimed hardwood, exterior lighting, and brickwork.
The residential level has been fully remodeled and includes a 220 square foot balcony. The property also features Cat6 wiring, Tesla charging ports in the driveway, two 220-amp plugs, and hot-and-cold exterior water. It is located at 1448 NE 28th Ave in Portland, with stated distances of 2 miles to the Rose Quarter, 4.8 miles to downtown Portland, and 6.6 miles to the airport.
The residential level has been fully remodeled and includes a 220 square foot balcony. The property also features Cat6 wiring, Tesla charging ports in the driveway, two 220-amp plugs, and hot-and-cold exterior water. It is located at 1448 NE 28th Ave in Portland, with stated distances of 2 miles to the Rose Quarter, 4.8 miles to downtown Portland, and 6.6 miles to the airport.
Key Highlights
- M‑zoned commercial portion with mercantile and retail designation
- Upstairs residential area zoned R3 and fully remodeled
- Currently leased on a modified gross lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,116
Businesses Nearby
Explore this area
Business Placement
Demographics for 97232, OR
15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value
Market
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated two-level property combining an M-zoned commercial area with an upstairs R3 residential component.
Where is this mixed-use property located?
The property is located at 1448 NE 28th Ave Portland, OR.
What are key features of this property?
This property features: M‑zoned commercial portion with mercantile and retail designation; Upstairs residential area zoned R3 and fully remodeled; Currently leased on a modified gross lease
