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3327 SE 50th Ave 3,160 SF Office Building Portland, OR 97206 $688,989 CAD ($218.03 CAD/SF)
Executive Summary
Versatile mixed-use property in the heart of the Richmond neighborhood, ideal for an office, café, salon, or retail space with excellent street visibility and strong walkability. Previously operated as a retail shop, the property has undergone significant upgrades to meet city occupancy requirements, including structural floor reinforcements, ADA accessibility improvements, and earthquake retrofitting. Additional updates include air conditioning, a fully fenced lot with covered spaces, and fresh interior and exterior paint. Major improvements within the past 10 years include a newer roof, siding, flooring, appliances, and updated lighting. The unfinished basement and upstairs square footage provide valuable expansion potential with space for storage and on-site laundry. With only a few changes, such as adding a bedroom door, this property could also easily live comfortably as a home. Located just a short stroll to Creston Park and minutes from the vibrant shops, dining, and transit options along Division, Powell, and Foster. This property has so much to offer whether you are looking for a business, home, or both!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,160 SF
Building Class
C
Year Built
1926
Price
$688,989 CAD
Price Per SF
$218.03 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,796 SF
Slab To Slab
9’
Building FAR
1.15
Lot Size
0.06 AC
Zoning
CG
Parking
1 Spaces (0.32 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | R142711 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $241,644 CAD |
Property Taxes
Parcel Number
R142711
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$241,644 CAD
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3327 SE 50th Ave
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