Listed by Capacity Commercial Group
$895,000
N Mississippi Mixed-Use Opportunity
Details
APN R223525
Property Type Mixed Use, Office
Sub Type Creative Office, Medical Office
Square Footage 2,727
Net Rentable (SqFt) 2,727
Units 2
Beds 1
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 7.25%
Pro-Forma NOI $64,908
Price per SqFt $328
Class A
Year Built 1923
Year Renovated 2017
Buildings 1
Stories 3
Lot Size (SqFt) 5,000
Zoning CSD
Parking Spaces 1 spaces
Parking Per SqFt 0.37
Investment Type Owner/User
Ownership Fee Simple
3-Floor Mixed Use Live/Work Building | 2,727 SF Available for Lease or Owner User
Marketing description
Rare Corner Lot With Renovated Live / Work Building
± 2,727 SF | Sale Price: $895,000 ($328/SF)
• Bustling N. Mississippi Ave Retail/Shopping Neighborhood in NE Portland with Excellent Tenant Mix
• Great Transit Access (8 Blocks to MAX Yellow Line)
• Minutes to Downtown Portland and Close to I-5 and I-405
Investment highlights
5,000 SF corner lot on N Mississippi and N Mason
Classic bungalow converted to creative office
2 above grade floors with large windows for natural light
Daylight basement apartment with dedicated entrance
Garage and fenced yard with patio
Ideal location for retail or medical office
Listing Contacts
Listed by Capacity Commercial Group
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Zoning
CM2 MixedMixed UseCommercial Mixed Use 2
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View all 31 uses
View all 31 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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