Remarks

Nestled in the vibrant heart of the Foster-Powell neighborhood, this exceptional mixed-use property offers a rare blend of commercial and residential opportunities. The ground floor is home to a bustling restaurant and bar, complete with a state-of-the-art professional kitchen and an engaging lottery area, perfect for patrons seeking both fine dining and entertainment.Above, discover five distinct apartments, each offering a unique living space ranging from 600 to 800 square feet. These units provide comfortable urban living with the convenience of location and the charm of neighborhood life. Further enhancing this property's appeal is a spacious commercial garage, currently serving as a thriving mechanic shop. This versatile space boasts three bays, each equipped with a lift and impressive 20-foot ceilings, ideal for a variety of commercial ventures. Located in one of the city's most sought-after areas, this property is not just a building but a community hub, offering a multifaceted opportunity for the astute investor or entrepreneur. Don't miss out on this unparalleled opportunity to own a piece of Portland's dynamic Foster-Powell neighborhood.

Details

MLS#: 24689418
Price: $4,999,950

Style: Income
Sq Ft: 12000
Year Built: 2003

County: Multnomah
Tax Fee: 17477.2200000000012