$450,000

5263 Ne NE MLK Jr. Blvd, Portland, OR 97211

  • 952 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon1.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $473/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Rare opportunity to acquire a fully leased two-suite commercial condominium located on the ground floor of Vanport Square, a mixed-use retail and office complex. The Property consists of two separately demised suites, both occupied by tenants on short-term leases, providing immediate cash flow while preserving flexibility for future occupancy.The configuration creates an ideal opportunity for both investors and owner-users. A purchaser may continue operating the Property as an income-producing investment or occupy one suite while generating rental income from the other. The front suite features prominent frontage and visibility along NE Martin Luther King Jr. Boulevard, benefiting from strong exposure to passing vehicle and pedestrian traffic. The Property is further supported by a rear off-street surface parking lot, providing convenient parking for tenants, customers, and visitors.

Listing Status:
Active
Date Added:
June 5, 2026
Data Last Updated:
July 23, 2026 at 12:41AM
Listing Office:
Knipe Realty ERA Powered : 503-445-7660
Listing Agent:
Daniel Silvey : 503-201-8537
MLS ID:
311665647
  • A/C: Central air
  • Heating: Forced airZoned
  • Parking: Off street
  • Roofing: Flat
  • General: BlockConcreteMetal frame
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Multnomah
  • Zoning: CM3VANPORT SQUARE CONDOMINIUMSLOT 11R611000
  • Current Use: OfficeRetail
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Daniel Silvey , Knipe Realty ERA Powered

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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