2823 SW 1ST AVE Portland, OR 97201
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Price:
$1,250,000
Ft²:
4800
Acres:
0.09
MLS#:
733440364
Lot Size:
3,000 to 4,999 SqFt
Zone:
Commner
County:
Multnomah
Style:
3 Stories
Yr Built:
1910
Status:
Active
Levels:
3
Heat:
Mini Split
Roof:
Composition
Area:
Portland NW/ SW/ S, Raleigh Hills
Courtesy of:
Keller Williams Realty Portland Premiere
Remarks:
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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