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Listed by Keller Williams Realty Portland Premiere • 503-799-1835
$ 1,250,000
Est. payment /mo
New
2823 SW 1ST AVE Portland, OR 97201
4,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $260
MLS Listing ID 733440364
Year Built 1910
Annual Tax Amount $5,177
Tax Year 2025
Lot Size 3,920 Sqft
Property Sub-Type Commercial
Property Description
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!
Location
State OR
County Multnomah
Area _148
Zoning Commner
Interior
Heating Mini Split
Cooling Mini Split
Exterior
Roof Type Composition
Garage No
Building
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Others
Acceptable Financing Cash
Listing Terms Cash
