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Listed by Neighborhood Works
$1,095,000
Est. payment /mo
2,080 SqFt
New
5340 SE LINCOLN ST Portland, OR 97215
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Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $526
MLS Listing ID 471308957
Year Built 1913
Annual Tax Amount $8,864
Property Sub-Type Income
Property Description
This is an amazing opportunity to own a charming mixed-use commercial and residential building in the desirable Mt. Tabor neighborhood. Originally constructed in 1913 and thoughtfully restored in 2012 with the addition of a second story, this property boasts a stunning 2 BR apartment on the second floor, featuring a modern & light-filled layout.The well-appointed kitchen has plenty of storage and counter space, numerous cabinets, double sinks, a new induction stove, and a newer dishwasher. It also includes a sit-at counter for a more social cooking experience. Both spacious Bdrm's have wooden floors with the primary BR offering expansive corner windows that create a bright and inviting atmosphere. Designed for entertaining, the bright & open living area features large sliding glass doors that lead to a gorgeous deck—perfect for enjoying your morning coffee or hosting an afternoon wine and cheese happy hour, all while taking in breathtaking views of downtown PDX and spectacular sunsets. The professionally landscaped yard is a gardener's dream, with multiple custom raised beds & south and west-facing exposure. This outdoor space is perfect for those who appreciate both solitude & functionality in their garden. The street-level commercial space, formerly a historic kayak museum and now occupied by Afterglow Pottery Studio, features an open layout with 11-foot ceilings and excellent street appeal. Floor-to-ceiling windows flood the space with natural light & provide great opportunities for window advertising and browsing. The vertical wood support posts are purely decorative, adding to the aesthetic charm.This space also includes a 1/2 bath & a basement for storage. This building features a new foundation, heat pump & fresh exterior paint. Additionally, the entire property is equipped with a sprinkler system for enhanced safety. There are so many opportunities for this neighborhood gem. Don't miss the chance to make this remarkable property your own!
Location
State OR
County Multnomah
Area _143
Zoning R5
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment Sprinkler
Exterior
Roof Type Flat,Metal,Other
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

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