Portland Flex Space
For Sale
Contact for pricing
7522–7524 SE 52nd Ave, Portland, OR 97206
Commercial flex building in Southeast Portland's Brentwood-Darlington neighborhood.
Property Size1,950 SF
Price / SF$512.82
Days on Market97
Property Features for 7522–7524 SE 52nd Ave
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Office, Industrial
Zoning
CM2 – Commercial Mixed Use 2
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1947
Buildings
1
Stories
1
Units
18
Tenancy
Multi
Listing Agency:
Epique Realty
(503) 548-4848
Listed By:
Charles Ramsay · License #981200036
Source:
Crexi
Added: May 20
Changed: Aug 14
Last Checked: Aug 23 at 9:51PM
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 Epique Realty
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,500
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Industrial in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- ChefzTable - Personal Chef Service, In Home Cooking Classes and Catering — The UPS Store in Portland, OR, USA, 4110 SE Hawthorne Blvd #203, Portland, OR 97214
- Catering for a Cause — 3910 SE Stark St, Portland, OR 97214
- Graze Craze Charcuterie Boards & Boxes — 4125 SE Hawthorne Blvd, Portland, OR 97214
Frequently Asked Questions
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 7522–7524 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.
