75227524 SE 52nd Ave Portland, OR 97206

Building Details

Year Built

1947

Listing office Epique Realty

Listing date May 20, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

Located in Southeast Portland's Brentwood-Darlington neighborhood, the property at 7522–7524 SE 52nd Ave is a commercial flex building constructed in 1947. The single-story structure, consistent with 1940s-era neighborhood service construction, features masonry or wood-frame construction and an estimated 12–14-foot ceiling clearance. The site configuration on two residential-adjacent lots provides functional parking and access. The building, with 1,950 square feet, is suited for single or two-tenant occupancy. Currently, White Lightning Electric occupies the property, which they list publicly as their headquarters. The property is zoned CM2, which supports contractor offices, service showrooms, light flex, trade service operations, personal services, and certain retail formats. Permitted uses are broader than IG (General Industrial) but does not permit heavy industrial uses, outdoor storage as a primary use, or auto-oriented uses without conditional approval.

Key Highlights

• Opportunity for a 17.6% levered IRR through a $65,000 renovation and lease reset to market rates.
• Significantly reduced property taxes resulting in approximately $3,500 annual tax burden post‑sale.
• Immediate cash flow with an As‑Is NOI of $34,251 in Year 1 and a 1.18x DSCR.

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FAQs

What type of property is this?

Flex space - Commercial flex building in Southeast Portland's Brentwood-Darlington neighborhood.

Where is this flex space located?

The property is located at 75227524 SE 52nd Ave Portland, OR.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Opportunity for a **17.6% levered IRR** through a $65,000 renovation and lease reset to market rates.; Significantly reduced property taxes resulting in approximately $3,500 annual tax burden post‑sale.; Immediate cash flow with an As‑Is NOI of $34,251 in Year 1 and a 1.18x DSCR.