12151 SE LINCOLN ST, Portland, OR 97216

Property Description

An exceptional investment and owner occupant opportunity featuring two adjoining commercial properties on a prominent corner in Portland's Mill Park neighborhood. Situated on two tax lots totaling approximately 0.51 acres, this offering provides 6,811 combined square feet of building space with approximately 175 feet of frontage along SE Lincoln Street and 125 feet along heavily traveled SE 122nd Avenue. The 4,791 square foot building at 12151 SE Lincoln St features two distinct levels with separate exterior entrances and ramp access to both. The main level offers a welcoming lobby and reception area, spacious conference room, multiple private offices, two bathrooms and dedicated storage. The remodeled lower level provides an expansive open commercial workspace, three additional offices, a kitchenette and bathroom, creating flexibility for multiple business operations or potential leasing configurations. The adjoining 2,020 square foot Craftsman style building at 2057 SE 122nd Ave offers a combination of open workspace and private rooms, a kitchenette, bathroom and fireplace, with additional flexible space upstairs and utility and storage areas below. Paved onsite parking, prominent marquee signage and excellent street exposure enhance the property's commercial appeal. Convenient access to SE Stark Street, SE Division Street and I-205 further supports accessibility throughout the Portland metro area. CM1 mixed use zoning presents additional opportunities to explore a variety of commercial uses, investment strategies or future redevelopment potential, subject to applicable City of Portland approvals. With two separate tax lots, versatile existing improvements and exceptional corner visibility, this offering presents an opportunity for investors, business owners and developers alike. Buyer to perform all due diligence.