1515 106th Ave, Portland, OR 97220-3820

This exceptional 9,687 square foot commercial property, located at 1515 NE 106th Ave in Portland, Oregon, presents a unique investment opportunity. Built in 1967, the building sits on a 0.47-acre lot and boasts versatile space suitable for a variety of uses, including executive offices, schools, and religious institutions. The property features ample parking with 30 spaces available. Its CM2 - Commercial Mixed Use 2 zoning allows for diverse operational possibilities. The building's design includes large open areas perfect for congregations or dining, complemented by smaller rooms ideal for classrooms or other specialized uses. Benefit from prominent monument signage on both NE Halsey and NE Weidler Streets, enjoying strong traffic counts of approximately 115,000 average daily vehicles on each street. The property's strategic location directly across from Gateway Discovery Park provides excellent visibility and accessibility. Convenient access to major commuter corridors (NE 102nd & 122nd Avenues) and freeways (I-205 & I-84) further enhances its appeal. The highly accessible neighborhood boasts impressive walk, bike, and transit scores of 82, 92, and 64, respectively. The asking price is $1,985,000, translating to $204.91 per square foot. This property offers a compelling blend of location, versatility, and potential for significant return on investment.