Active

1221 SE MADISON ST

Portland OR, 97214

$1,795,000


$356.65 per sqft

Active

5,033 sqft

Commercial

Built in 1960

Courtesy of Windermere Realty Trust

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.

24466195

MLS ID

January 12, 2025

Listed

January 17, 2025

Updated

Map

1221 SE MADISON ST
Portland OR, 97214

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.17 Acres


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

_143


Taxes

$13,093


Tax Frequency

Annually


Days on Market

5


Garage

No


Parking Total

6


View

No


County

Multnomah


Water Source

Public Water


Pool

No


Zoning

CM2

Listing Courtesy of Windermere Realty Trust, Aimee Virnig. 503-803-7678

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than The Agency are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 1/17/2025, 10:16 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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