5902 SE FOSTER RD, Portland OR, 97206

Active

5902 SE FOSTER RD

Portland OR, 97206

$4,999,950

$416.66 per sqft

Active

12,000 sqft

Commercial

Built in 2003

Courtesy of Keller Williams PDX Central 503-290-4191

Nestled in the vibrant heart of the Foster-Powell neighborhood, this exceptional mixed-use property offers a rare blend of commercial and residential opportunities. The ground floor is home to a bustling restaurant and bar, complete with a state-of-the-art professional kitchen and an engaging lottery area, perfect for patrons seeking both fine dining and entertainment.Above, discover five distinct apartments, each offering a unique living space ranging from 600 to 800 square feet. These units provide comfortable urban living with the convenience of location and the charm of neighborhood life.Further enhancing this property's appeal is a spacious commercial garage, currently serving as a thriving mechanic shop. This versatile space boasts three bays, each equipped with a lift and impressive 20-foot ceilings, ideal for a variety of commercial ventures.Located in one of the city?s most sought-after areas, this property is not just a building but a community hub, offering a multifaceted opportunity for the astute investor or entrepreneur. Don?t miss out on this unparalleled opportunity to own a piece of Portland?s dynamic Foster-Powell neighborhood.

24689418

MLSⓇ ID

March 13, 2024

Listed

March 14, 2024

Updated

Map

5902 SE FOSTER RD
Portland OR, 97206

Interior Features

Total Stories: 2
Fireplace: No
Cooling: Yes
Cooling Description: Heat Pump
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.34 Acres
Roof: Other
Sewer: Public Sewer

Other Property Details

Area Name: _143
Taxes: $17,477
Tax Frequency: Annually
Garage: No
Parking: On Site, Secured
Parking Total: 12
View: Yes
View Description: Territorial
County: Multnomah
Water Source: Public Water
Pool: No
Zoning: CM
Buyer Agency Compensation: 2%

Courtesy of Keller Williams PDX Central, Ben Andrews
Listing Contact: 503-290-4191

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This content last updated on 3/14/2024, 1:08 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.