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7606 NE Martin Luther King BLVD Portland, OR $ 6,700,000
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$ 6,700,000 Get more info
7606 NE Martin Luther King BLVD
$ 6,700,000
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7606 NE Martin Luther King BLVD

Portland, OR, 97211
$ 6,700,000
Baths0.0 Sq 19,900

Monthly Estimate*

$ 44,530

7606 NE Martin Luther King BLVD, Portland, OR 97211 - Image 1
7606 NE Martin Luther King BLVD, Portland, OR 97211 - Image 2
7606 NE Martin Luther King BLVD, Portland, OR 97211 - Image 3
7606 NE Martin Luther King BLVD, Portland, OR 97211 - Image 4
7606 NE Martin Luther King BLVD, Portland, OR 97211 - Image 5
Studio

Commercial Property for sale in Portland, OR

for $6,700,000. This 19,900 square foot building was built in 1948 on a lot size of 1.58.

Sale includes property at 7606 NE MLK Blvd & 521 NE Russet St (1.58 Acres) and includes a total of 7 tax lots. Currently used as automotive shop but zoning allows for multiple uses. Current Zoning CE & EG2The property was cleaned for prior hazardous materials cleanup and has received an Oregon Department of Environmental Quality a No Further Action Letter (NFA). (See Attached)Tax parcels including: 1N1E11CC 00700, 1N1E11CC 00800, 1N1E11CC 00900, 1N1E11CC 01200, 1N1E11CC 01300, 1N1E11CC 01400, and 1N1E11CC 01500Appointment Only.

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Commercial Active

Price

$ 6,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,163

Style

Industrial

Lot Size

1.58

Year Built

1948

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

23307358
Features
General
Sewer PublicSewer
Heating Baseboard
Roof BuiltUp
Zoning CE EG2
Construction Materials Concrete MetalSiding WoodFrame
Year Built 1948
Sale Includes Building Land
Stories 2
Property SubType Industrial
Tax Year 2022
Current Use Automotive
Gross Income 0
Business Name Not Included with Sale
County Multnomah
Operating Expense 0
Property Type CommercialSale
Status Active
Directions MLK Blvd North of Lombard South of Columbia Blvd *** Appointment Only ***
City Portland
MLS Area _142
Lot Size Square Feet 68824.0
Street Name Martin Luther King
Listing Terms Cash Conventional
Tax Annual Amount 9163.15
Property Condition Existing
Days on Market 278
Standard Status Active
Legal Description EL TOVAR BLOCK 15 LOT 5-12
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Exterior
Road Frontage 664
Parking Features OnSite Secured
Water Source PublicWater
Total Parking 100.0
Number of Buildings 2
Building Area Total 19900.0
Lot Size Acres 1.58
Road Surface Type Gravel Paved
Other Equipment SecuritySystem
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Interior
Ceiling Height 21
Street Suffix BLVD
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Internal Only
Street Number 1 7606
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* Excluded Features
List By
Key Real Estate Services

Broker

karl.kresnw@gmail.com

Email

Affordability Calculator

$45,294
Per Month
98%
2%
0%
Monthly Principal & Interest
$44,530
Monthly Property Taxes
$764
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
8/26/2023$6,700,000 Listed Price

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7606 NE Martin Luther King BLVD, Portland, OR, 97211 is a Commercial Property for sale at $6,700,000 with 19,900 sqft and a lot size of 1.58. 7606 NE Martin Luther King BLVD is a studio with 0.0 baths and was built in 1948. The property's zip code is 97211 which is in Portland, OR

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