2823 SW 1ST AVE, Portland, OR 97201
Courtesy of Keller Williams Realty Portland Premiere
- $1,250,000
- 4,800
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- Days on Market
- 17
- MLS#
- 733440364
- Subtype
- Commercial
- Year Built
- 1910
- Living Area
- 4,800
- Lot Size
- 3,920
- Acres
- 0.09
- MLS Area Major
- Portland NW/ SW/ S, Raleigh Hills
Property Description
Rare live/work commercial opportunity in historic Lair Hill! This 4,900 SF building across 3 functional levels sits on a 3,975 SF lot with flexible CM1 (Commercial Mixed Use) zoning—perfect for retail, office, or residential combinations. The ground floor features a turnkey 1,600 SF 2nd-generation restaurant. Formerly operated as Lair Hill Bistro, currently leased month-to-month for immediate holding income or a seamless transition for an owner-operator. Upper levels feature a spacious 5 BR / 1 BA apartment, ideal for living above your business or generating additional rental income. Unbeatable versatility and location!
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Additional Information
- Zoning
- Commner
- Stories
- 3
- Parking
- On Street
- Parking Features
- On Street
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