1617 SE 12th Ave

Portland, OR 97214 View Map $1,040,000 Schedule a Tour
Sq.Ft.1,928
Year1885
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Status: Active
Property Type:Commercial
MLS #:20202599
Sq. Feet:1,928
Lot Size:0.07 Acres
County:Multnomah
A unique opportunity to own a very special building in close-in SE. One-of-a kind build out, solid lease history and an established business/restaurant that would love to maintain their lease. Fantastic visibility just off Hawthorne Boulevard, Teote is a Latin American restaurant with seating for over 140! Total square footage does not include the amazing covered patio that boasts over 1,600 sq. ft., second bar and outdoor fireplace. A fantastic and fun, long term investment.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:1617 SE 12th Ave Portland, OR 97214
County:Multnomah
Zip Code:97214

Features / Amenities

Total Sq. Ft.:1928
Heating: Ductless
Fuel: Electricity

Property Features

Lot Size: 0.07 Acres
Lot Dimensions:3,000 to 4,999 SqFt (30X100)
Sewer: Public Sewer
Water: Public
Zoning:R1
Directions:south of Hawthorne

Tax and Financial Info

Listing Financing: Call Listing Agent, Cash, Conventional, Contract
Tax Amount: 1897.56
Tax Year: 2018
Actual Operating Expense: 3076
Actual Gross Income: 60000
Actual Net Income: 58821
Lease Amount: 4995
Occupancy: Leased

Listing Office

Listing provided courtesy of Windermere Realty Trust.

Schools

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1617 SE 12th Ave Portland, OR 97214
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1617 SE 12th Ave Portland, OR 97214
 
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