1502 Morrison St Portland, OR 97214-2648

Property Details for 1502 Morrison St

Year built

1959

Lot size

0.23 lot acres

Property size

3,602 SF

Zone code

CM

Property type

Commercial real estate

APN

1S1E02AB 15500

APU

1S1E02AB15500

Description

This exceptional 3,602 square foot freestanding retail building, located at 1502 SE Morrison Street in Portland, Oregon, presents a unique investment opportunity. Situated on a 9,995 square foot lot, the property boasts a desirable single-tenant occupancy and is fully vacant, allowing for immediate customization to suit a new tenant's needs. Built in 1959, the building is zoned CM2 and is ideally suited for a variety of food-related businesses. The property's key features include a rare drive-thru window, a fully equipped kitchen area with four freezers/coolers, ample food preparation space, and substantial storage areas. A retail counter is already in place, streamlining the setup process for a new operator. Existing kettles are available for purchase under a separate agreement. The property's location in Multnomah County, Oregon, within the 97214 zip code, offers excellent visibility and accessibility. This is a rare chance to acquire a well-equipped, freestanding retail space with a drive-thru in a thriving Portland neighborhood. The property's existing infrastructure significantly reduces start-up costs and allows for a quick transition to operational status. This turnkey solution is perfect for a business seeking a ready-to-use space with unique features.

Location Insight

City

Portland

County

Multnomah

State

Oregon

Longitude

-122.65

Latitude

45.517

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments