5625 SE 83RD Ave, Portland, OR 97266
sale
$325,000
|
Other
Courtesy Of Realty First
Seller will consider seller financing. Terms and conditions negotiable.New Roof on a Prime Southeast Portland Commercial Opportunity with Flexible CM3 Zoning!Discover the possibilities with this extensively remodeled 616-square-foot building situated on a 4,000-square-foot lot in a convenient Southeast Portland location with easy access to I-205. Whether you're seeking a live/work environment, creative studio space, or a property with future redevelopment potential, this versatile property offers exceptional flexibility.Remodeling began in 2022, with the majority of improvements completed in 2025. Interior upgrades include durable wide-plank luxury vinyl plank flooring, fresh paint, new interior doors and trim, updated bathroom fixtures, LED lighting, and a roof-mounted HVAC system for year-round comfort.The thoughtfully designed interior includes a kitchenette with new cabinetry, quartz countertops, built-in microwave, refrigerator, shower, and an all-in-one washer/dryer unit, providing many of the conveniences desired for day-to-day occupancy.Outside, the spacious yard offers room for outdoor living, gardening, storage, hobbies, or future improvements. Three on-site parking spaces add convenience and functionality.Flexible CM3 zoning allows for a variety of commercial, office, mixed-use, and potential residential redevelopment opportunities. Future development possibilities may include a mixed-use project with residential units above commercial space or redevelopment into a larger structure, subject to City approval. Buyer to verify permitted uses and development potential with the City of Portland.A rare opportunity to acquire a move-in-ready property with modern updates, excellent accessibility, and long-term upside in a growing Southeast Portland location.
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Property Features
- Age: 31-40 Years Old
- Cooling System: Central Air
- Exterior Type: WoodSiding
- Exterior Type: WoodFrame
- Heating System: Heat Pump (Heating)
- Legal Description: EVELYN, BLOCK 3, LOT 6
- MLSID: 721399408
- Roof Type: Composition
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