In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.
Listing Provided Courtesy of David Brownlee, Modern Realty
General Information
535506988
Income
1
DOM
0.5 acres
6520
1971
CN11
Multnomah
R194181
CommercialSale
Income
JORBADE, BLOCK 1, S 135' OF LOT 4 EXC PT IN ST, LAND & IMPS SEE R
Listing Provided Courtesy of David Brownlee, Modern Realty
Krishna Realty data last checked: Apr 28, 2026 09:13 | Listing last modified Apr 27, 2026 17:37,
Source:
In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years.Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area.For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.
