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    16521 Powell Blvd Portland, OR 97236

    Sponsored
    For Sale
    Contact for pricing

    Live/Work Space, 2572 SF

    Property size:
    2,572 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,572 square foot mixed-use building, situated on a 0.23-acre lot (10,205 SF) in Portland, Oregon, presents a unique investment opportunity. Built in 1926, the property boasts a prime location at 16521 SE Powell Blvd, 97236, with excellent street exposure and ample off-street parking. The building is currently 100% occupied and will be delivered vacant at closing. The main floor features a lobby/reception area, one private office, potential for three additional offices, a conference/meeting/co-working space, a full kitchen with breakroom, and a full bathroom. The upper floor (attic) includes two offices/rooms, a reading nook/storage space, and a half bathroom. The basement offers two offices/rooms, an open co-working space, a full kitchen, a full bathroom, a laundry room, and substantial storage. Hardwood floors grace both the main and upper levels. An outside storage shed is also included. The property is zoned RM1 (Residential Multi-Dwelling) with a conditional use permit for office use, allowing for diverse operational possibilities. This versatile space is ideal for owner-occupiers seeking a blend of live/work, office, or retail functionality. The building's character and location combine to create a compelling proposition for a discerning buyer.

    Property Features for 16521 Powell Blvd

    General Information

    Property type
    Live-work space
    Square Feet
    2,572 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1926
    Buildings
    1

    HighLights

    • 2,572 SF mixed‑use building in Portland, OR.
    • Located on a 0.23‑acre lot.
    • Features a main floor, upper floor, and basement with multiple offices, kitchens, and bathrooms.
    • 100% occupancy, currently owner‑occupied, will be delivered vacant at closing.
    • Built in 1926, zoned RM1 with a conditional use permit for office use.
    • Offers ample off‑street parking and excellent street exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Julia Bodine - State ... Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.4932976
    Latitude
    45.4943282

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    FAQs

    What type of property is this?
    Live-work space - Live/Work Space, 2572 SF
    Where is this live-work space located?
    The property is located at 16521 Powell Blvd Portland, OR.
    What are key features of this property?
    This property features: 2,572 SF mixed-use building in Portland, OR.; Located on a 0.23-acre lot.; Features a main floor, upper floor, and basement with multiple offices, kitchens, and bathrooms.
    Request Owner's contact information
    16521 Powell Blvd Portland, OR 97236
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    Portland, OR 97236
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16521 Powell Blvd Portland, OR 97236
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