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5848 SE Milwaukie Ave 2,856 SF Office Building Portland, OR 97202 $724,000 ($253.50/SF)
Investment Highlights
- Corner lot offers great visibility
- Current office configuration can accommodate retail
- Average Daily Traffic: 4,383
- Off-street parking
- Popular Westmoreland neighborhood
Executive Summary
5848 SE Milwaukie Avenue offers 2,856 SF of commercial space with two rentable units and off-street parking. Located along a high-visibility corridor near Westmoreland and Sellwood neighborhoods, the property presents a compelling value-add opportunity for investors or owner-users. With solid fundamentals and upside potential through improvements, this building is well positioned for long-term growth in a sought-after Portland location.
Property Facts
Sale Type
Owner User
Property Type
Building Size
2,856 SF
Building Class
C
Year Built
1904
Price
$724,000
Price Per SF
$253.50
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,428 SF
Building FAR
0.50
Lot Size
0.13 AC
Zoning
R1
Parking
7 Spaces (2.45 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | R198800 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $179,750 |
Property Taxes
Parcel Number
R198800
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$179,750
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5848 SE Milwaukie Ave
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