Perfect for live/work. Right next door to Alderbrook park, so it's like having a 1/2 acre yard complete with public gardens and rarely used basketball court. It's not for the faint of heart, but the upside is HUGE. No water intrusion except for rear lean to and around side door. Dry basement. No roof leaks. No roof sag. Level floors. Outdoor space for patio service. Full 960 sft basement with 7.75 foot ceiling. OK to use as Deli/coffee shop per city 2015. Off street parking available, but not required per city 2015. Will need roof, paint, rear lean to repair, east side sole plate repair/replacement, and some foundation work. Estimates for all this work come in at about $110k. My best guesstimate for all work to rehab is about $165k, as long as you don't want granite countertops, inch thick real wool carpets, and gold plated bath fixtures. Estimated value after rehab - $700k. Listing broker is owner. I'd really love to keep this, but I've got two other rehab projects and a retirement house to build, so something has to go!
Listing Provided Courtesy of Tim Lyman, Tim Lyman Real Estate, LLC
General Information
234171407
LiveWorkUnit
67
DOM
2280
1926
C-1
Clatsop
24463
CommercialSale
LiveWorkUnit
ADAIRS EAST N 75 OF W 50 LT 3 BLK 100
Listing Provided Courtesy of Tim Lyman, Tim Lyman Real Estate, LLC
Krishna Realty data last checked: Oct 14, 2025 17:42 | Listing last modified Aug 11, 2025 01:59,
Source:
Perfect for live/work. Right next door to Alderbrook park, so it's like having a 1/2 acre yard complete with public gardens and rarely used basketball court. It's not for the faint of heart, but the upside is HUGE. No water intrusion except for rear lean to and around side door. Dry basement. No roof leaks. No roof sag. Level floors. Outdoor space for patio service. Full 960 sft basement with 7.75 foot ceiling. OK to use as Deli/coffee shop per city 2015. Off street parking available, but not required per city 2015. Will need roof, paint, rear lean to repair, east side sole plate repair/replacement, and some foundation work. Estimates for all this work come in at about $110k. My best guesstimate for all work to rehab is about $165k, as long as you don't want granite countertops, inch thick real wool carpets, and gold plated bath fixtures. Estimated value after rehab - $700k. Listing broker is owner. I'd really love to keep this, but I've got two other rehab projects and a retirement house to build, so something has to go!
