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CM2 Specialty Property with Basement
For Sale
$564,900

1516 SE 43rd AVE, Portland, OR 97215

Commercial property with CM2 zoning and a full basement offering additional adaptable space.

Property Size2,224 SF
Price / SF$254
Days on Market8

Property Features for 1516 SE 43rd AVE

General Information

Standard status Active
Size 2,224 SF
Property subtype Commercial
Zoning CM2

Building Details

Year Built 1902
Listing Agency: Jmg - Jason Mitchell Group
Listed By: Donna Roberts
Source: Donnarobertsgroup
Added: Sep 12 Changed: Sep 17 Last Checked: Sep 18 at 7:21AM

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 Jmg - Jason Mitchell Group

Investment Insights

Based on property information with market context.

Located at 1516 SE 43rd Ave in Portland, this specialty commercial property includes 2,224 square feet and a full basement. The additional lower-level area expands the building’s usable footprint and may support storage, workspace, offices, or other configurations subject to applicable zoning and permitting requirements.

The property carries CM2 zoning, providing a commercial land-use framework for evaluating potential business applications. Built in 1902, the building offers an established structure with both above-grade and basement space for an owner-user, investor, or entrepreneur to assess.

Key Highlights

  • CM2 zoning
  • Full basement with additional usable space
  • 2,224 square feet

Property Analytics

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Current Use

medicine talk pro Physician Grosskopf Katy L Physician Armonía Wellness Alternative Medicine Practice Lauren Ward-Selinger, ND Alternative Medicine Practice Patricia Murphy ND, ... Alternative Medicine Practice

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Carpet & Flooring Store Plumbing Service (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

2,344
Businesses Nearby

Demographics for 97215, OR

18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Specialty property - Commercial property with CM2 zoning and a full basement offering additional adaptable space.
Where is this specialty property located?
The property is located at 1516 SE 43rd AVE Portland, OR.
What is the asking price?
The asking price for this property is $564,900.
What are key features of this property?
This property features: CM2 zoning; Full basement with additional usable space; 2,224 square feet
More about this property
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