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
Listing content is copyright © 2025 RMLS™, Portland, Oregon. All rights reserved.