Midcentury Office Building with Unique Design Features

USD $1,795,000
1221 Southeast Madison Street, Portland, Oregon, 97214, USA

Property Highlights

  • Midcentury office building with exposed beams
  • ADA ramp for wheelchair accessibility
  • Two separate entrances for multiple tenants
  • Upstairs includes large lobby and 8 offices
  • Lower level with kitchenette and 9 offices
  • Rear parking lot with at least 6 spots

Overview

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. MLS#: 24466195
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Property Features

1221 Southeast Madison Street, Portland, Oregon, 97214, USA offers the following features:

Living Area: 5033sf
Property Type: Multifamily
Status: Active
Reference ID: NMLRJKDVKTYKD

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