OR > Portland
Portland, OR 97214,1221 SE MADISON ST
Portland, OR 97214,1221 SE MADISON ST
Portland, OR 97214,1221 SE MADISON ST
48
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Listed by Windermere Realty Trust • 503-803-7678
$1,795,000
Est. payment /mo
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5,033 SqFt
Active

1221 SE MADISON ST Portland, OR 97214

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Suzanne Clark

Suzanne Clark

Cascade Hasson Sotheby's International Realty

+1(503) 806-9332

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,033 sqft

Price per Sqft $356

MLS Listing ID 24466195

Year Built 1960

Annual Tax Amount $13,093

Tax Year 2024

Lot Size 7,405 Sqft

Property Sub-Type Commercial

Property Description

A true midcentury office building in the heart of Hawthorne/inner SE. Built in 1960 with exposed beams, butterfly ceiling and remnants of the original grass cloth, this has been a beloved property to owner occupied users and later an investment property. It has been home to school district offices, a CPA firm and most recently a natural health clinic. ADA ramp to lower level provides wheelchair accessibility. Two separate entrances and separation allow for multiple tenants. Upstairs features 2545 sf, 8 spacious individual offices, a large lobby and 2 bathrooms (One of the offices features a sink area that could be a kitchenette/break room). Lower level is 2488sf with a kitchenette, 2 bathrooms and 9 smaller offices and a lobby. Several configuration options, but 19 offices and 2 lobby areas as it sits! Nice rear parking lot with at least 6 spots. Lower level recently upgraded with luxury vinyl floors & 2024 waterproofing/trenching system. Furnace replacement (2024). So many options - designers/law offices/real estate office...Listing Agent is related to seller and a Co-Trustee for trust selling the property. Seller will consider carrying a contract.

Location

State OR

County Multnomah

Area _143

Zoning CM2

Interior

Heating Forced Air

Cooling Central Air

Exterior

Roof Type Composition

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

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agent

Suzanne Clark

Your Trusted Advisor, Principle Broker, Licensed in OR | License ID: 200608182

+1(503) 806-9332

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1221 SE MADISON ST