1221 SE Madison St

Portland, OR 97214
  • $1,795,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 5,033

    SqFt

About the Listing RGIC02 - VIRNIGAI

A true midcentury office building in the heart of Hawthorne/inner SE. Built in 1960 with exposed beams, butterfly ceiling and remnants of the original grass cloth, this has been a beloved property to owner occupied users and later an investment property. It has been home to school district offices, a CPA firm and most recently a natural health clinic. ADA ramp to lower level provides wheelchair accessibility. Two separate entrances and separation allow for multiple tenants. Upstairs features 2545 sf, 8 spacious individual offices, a large lobby and 2 bathrooms (One of the offices features a sink area that could be a kitchenette/break room). Lower level is 2488sf with a kitchenette, 2 bathrooms and 9 smaller offices and a lobby. Several configuration options, but 19 offices and 2 lobby areas as it sits! Nice rear parking lot with at least 6 spots. Lower level recently upgraded with luxury vinyl floors & 2024 waterproofing/trenching system. Furnace replacement (2024). So many options - designers/law offices/real estate office...Listing Agent is related to seller and a Co-Trustee for trust selling the property. Seller will consider carrying a contract.

Listing Highlights

Status Pending
Days on Site 320
Property Type Commercial Sale
MLS ® 24466195
Year Built 1960
Total Square Footage 5,033
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Zoning: CM2
  • Roof: Composition
  • Others: Existing
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $13,093
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R176922
  • Tax Year: N/A

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1221 SE Madison St Portland, OR 97214

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Originating MLS: Regional Multiple Listing Service, Inc.

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