Active

1448 NE 28TH AVE

Portland OR, 97232

$1,249,000


$430.24 per sqft

Active

2,903 sqft

Commercial

Built in 1909

Courtesy of Modern Realty

**Rare Mixed-Use Commercial Building located in the heart of Sullivans Gulch** Completely Restored from the studs! CM1 Zoning. Commercial portion downstairs (Zoned "M" for Mercantile/Retail). Currently Leased on Gross modified Lease. Residential portion (Zoned R3) located upstairs also completely renovated. New Grease trap installed in downstairs, New Garage doors, New closed cell insulation throughout commercial walls, TESLA charging ports in Driveway. Would make great coffee shop, bar, or restaurant or even office space! Plumbed for cat6, New Electrical thought, New Plumbing, New Siding, New HVAC, & Central Air, New reclaimed hardwood, New windows, New Doors, And anything else you can think of. (2) 220 amp plugs in drive way. Hot/Cold outside water. Upstairs completely remodeled. Can be used for Airbnb. Or building can be used a Work Live Space. Updaters has large 220 square ft Balcony. New Exterior lighting and Brick. Photos of the entire process taken of Renovation. No corners cut. Bike Score: 97Walk Sore: 95Transportation Score:60Distance to airport: 6.6 milesDistance to Rose Quarter: 2 milesDistance to Downtown PDX: 4.8 miles

24064114

MLS ID

April 12, 2024

Listed

August 23, 2024

Updated

Map

1448 NE 28TH AVE
Portland OR, 97232

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air 95 Plus

Exterior/Building Features

Lot Size

0.05 Acres


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

_142


Taxes

$3,014


Tax Frequency

Annually


Days on Market

117


Garage

No


Parking

On Site, On Street


Parking Total

3


View

Yes


View Description

City, Park Greenbelt


County

Multnomah


Water Source

Public Water


Pool

No


Zoning

CM1

Listing History

Date

Event

Price

7/29/2024

Price change

$1,249,000

-11%

Listing Courtesy of Modern Realty, Santino Filipelli. 971-200-9977

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