1221 SE Madison St Portland, OR 97214
Listing Courtesy of: Windermere / Windermere Realty Trust / Aimee Virnig

  1221 SE Madison St Portland, OR 97214

Active (597 Days)
$1,795,000 (USD)

Description

A true midcentury office building in the heart of Hawthorne/inner SE. Built in 1960 with exposed beams, butterfly ceiling and remnants of the original grass cloth, this has been a beloved property to owner occupied users and later an investment property. It has been home to school district offices, a CPA firm and most recently a natural health clinic. ADA ramp to lower level provides wheelchair accessibility. Two separate entrances and separation allow for multiple tenants. Upstairs features 2545 sf, 8 spacious individual offices, a large lobby and 2 bathrooms (One of the offices features a sink area that could be a kitchenette/break room). Lower level is 2488sf with a kitchenette, 2 bathrooms and 9 smaller offices and a lobby. Several configuration options, but 19 offices and 2 lobby areas as it sits! Nice rear parking lot with at least 6 spots. Lower level recently upgraded with luxury vinyl floors & 2024 waterproofing/trenching system. Furnace replacement (2024). So many options - designers/law offices/real estate office...Listing Agent is related to seller and a Co-Trustee for trust selling the property. MLS#: 24466195

MLS #:
NMLRJKDVKTYKD
Taxes
$13,093
Lot Size
7,000 SQFT
Type
Multifamily
Year Built
1960
County
Multnomah County
Community
Hawthorne

Listed By

Aimee Virnig, Windermere Realty Trust
Bathroom Details
Heating and Cooling
  • Forced Air
  • Central Air
Exterior Features
  • Roof: Composition
Utility Information
  • Fuel: Gas
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Estimated Monthly Mortgage Payment

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Listing price
Down payment
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Interest rate
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.