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5717 SE FOSTER RD Portland, OR $ 588,000
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5717 SE FOSTER RD
$ 588,000
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5717 SE FOSTER RD

Portland, OR, 97206
$ 588,000
Baths0.0 Sq 1,438

Monthly Estimate*

$ 3,908

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Studio

Commercial Property for sale in Portland, OR

for $588,000. This 1,438 square foot building was built in 1908 on a lot size of 0.08.

Supreme location and highly desired zoning. Live/work opportunity with solid tenant in place. Upstairs unit brings additional income or owner occupy for additional financing options. Other revenue streams include billboard and possible food cart space.Full use basement currently includes storage and laundry but has egress and potential for additional income. The mix of commercial uses, includes multifamily, single-family, auto-accommodating, drive-through facilities, light manufacturing, and distribution. This zone is for commercial, employment, but residential uses are also allowed. The possibilities are endless. Buyer to complete due diligence with the city for the desired use/development.

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Commercial Active

Price

$ 588,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,980

Style

LiveWorkUnit

Lot Size

0.08

Year Built

1908

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24422937
Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning CE
Construction Materials CementSiding
Year Built 1908
Sale Includes Building Land
Stories 2
Property SubType LiveWorkUnit
Tax Year 2023
Current Use Salon
Gross Income 37032.0
County Multnomah
Operating Expense 8028.0
Property Type CommercialSale
Status Active
Directions Foster to 5717
City Portland
MLS Area _143
Lot Size Square Feet 3484.0
Street Name FOSTER
Listing Terms Cash Conventional FHA VALoan
Tax Annual Amount 2980.33
Property Condition Existing
Days on Market 15
Lease Type YearsRemaining1to5
Standard Status Active
Legal Description WATTS SUB BLOCK 3 LOT 11 LAND & IMPS SEE R631180 (R884300991)
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Exterior
Water Source PublicWater
Total Parking 6.0
Building Area Total 1438.0
Lot Size Acres 0.08
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Interior
Street Suffix RD
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Internal Only
Street Number 1 5717
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* Excluded Features
List By
Real Broker

Broker

brenda@brendabrunner.com

Email

Affordability Calculator

$4,156
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,908
Monthly Property Taxes
$248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2024$588,000 Listed Price

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5717 SE FOSTER RD, Portland, OR, 97206 is a Commercial Property for sale at $588,000 with 1,438 sqft and a lot size of 0.08. 5717 SE FOSTER RD is a studio with 0.0 baths and was built in 1908. The property's zip code is 97206 which is in Portland, OR

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