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CM2 Specialty Property with Basement

1516 SE 43rd AVE, Portland, OR 97215

For Sale
$529,900

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

Property Size2,224 SF
Price / SF$238.26
Days on Market64

Property Features for 1516 SE 43rd AVE

General Information

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

Site & Location

Neighborhood Richmond

Building Details

Year Built 1902
Listing Agency: Pacific Coast Real Estate & Development, LLC
Listed By: Donna Roberts
Source: Donnarobertsgroup
Added: Sep 12 Changed: Nov 12 Last Checked: Nov 12 at 7:31AM

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 Pacific Coast Real Estate & Development, LLC

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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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Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Specialty properties in Portland, OR

$238 Jul
$218 Aug
$316 Sep
$315 Oct

Properties on Market for Specialty properties in Portland

Jul
Aug
Sep
Oct

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 $529,900.
What are key features of this property?
This property features: CM2 zoning; Full basement with additional usable space; 2,224 square feet
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