2823 SW 1ST Ave, Portland, OR 97201
sale
$1,250,000
|
Other
Courtesy Of Keller Williams Realty Portland Premiere
Rare live/work commercial opportunity in historic Lair Hill! This 4,900 SF building across 3 functional levels sits on a 3,975 SF lot with flexible CM1 (Commercial Mixed Use) zoning-perfect for retail, office, or residential combinations. The ground floor features a turnkey 1,600 SF 2nd-generation restaurant. Formerly operated as Lair Hill Bistro, currently leased month-to-month for immediate holding income or a seamless transition for an owner-operator. Upper levels feature a spacious 5 BR / 1 BA apartment, ideal for living above your business or generating additional rental income. Unbeatable versatility and location!
Read More About This Property
Read Less About This Property
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Floors: 3
- Legal Description: CARUTHERS ADD, BLOCK 58, N 37.5' OF LOT 3
- MLSID: 733440364
- Roof Type: Composition
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,600,000
Other
3230 SW 87TH Ave
Portland, OR 97225
Building: 2,400 sq. ft.
|
Land: 0.43 Acres
Courtesy Of LUXE Forbes Global Properties
sale
$1,600,000
Other
12208 SE MARKET St
Portland, OR 97233
Building: 4,242 sq. ft.
|
Land: 0.38 Acres
Courtesy Of Oregon First
sale
$1,600,000
Other
6228 N INTERSTATE Ave
Portland, OR 97217
Building: 2,660 sq. ft.
|
Land: 0.23 Acres
Courtesy Of Keller Williams Realty Portland Premiere
sale
$1,595,000
Other
5826 SE 82ND Ave
Portland, OR 97266
Building: 576 sq. ft.
|
Land: 0.51 Acres
Courtesy Of LUXE Forbes Global Properties