8523 SE STARK ST Active Save Request In-Person Tour Request Virtual Tour
Portland,OR 97216
Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,729 sqft
Price per Sqft $365
MLS Listing ID 638680121
Year Built 1937
Annual Tax Amount $9,997
Tax Year 2024
Lot Size 0.290 Acres
Property Sub-Type Income
Property Description
**Price Reduced! Exceptional opportunity in Montavilla with two parcels on a prime corner lot and dual access points. CM-2 zoning allows mixed-use development including residential units, a 4-story apartment building/complex, or retail/residential combinations, ideal for developers or owner/users. The main home, built in 1937 with a 1952 garage addition (936 SF), has been used as office space, a children's daycare, a carpentry shop, and most recently an automotive repair shop; the home currently does not include a kitchen. The modular building is approximately 800 SF with two restrooms, historically part of the daycare operation. Seller states parking for 20+ vehicles. With strategic location near main roads and freeways, this property offers significant growth and expansion potential. Seller is open to partial seller carry financing for up to five years and longer-term financing if needed. Don't miss this rare Montavilla opportunity!
Location
State OR
County Multnomah
Area _143
Zoning CM2
Interior
Heating Forced 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,Rehab
Listing Terms Cash,Contract,Conventional,Rehab
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