16521 Powell Blvd Portland, OR 97236
- Live-work space
- 2,572 SF
- 0.23 lot acres
Current Use by Public Records
- Julia Bodine - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
Property Details for 16521 Powell Blvd
- Year built
- 1926
- Lot size
- 0.23 lot acres
- Property size
- 2,572 SF
- Property type
- Live-work space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.4932976
- Latitude
- 45.4943282
