2823 SW 1st Ave

Portland, OR 97201
  • $1,250,000

    Price
  • 4,800

    SqFt
  • 0.09

    Acre

About the Listing KWPP01 - KIMGB

Rare live/work commercial opportunity in historic Lair Hill! This 4,900 SF building across 3 functional levels sits on a 3,975 SF lot with flexible CM1 (Commercial Mixed Use) zoning—perfect for retail, office, or residential combinations. The ground floor features a turnkey 1,600 SF 2nd-generation restaurant. Formerly operated as Lair Hill Bistro, currently leased month-to-month for immediate holding income or a seamless transition for an owner-operator. Upper levels feature a spacious 5 BR / 1 BA apartment, ideal for living above your business or generating additional rental income. Unbeatable versatility and location!

Listing Highlights for 2823 SW 1st Ave

Status Active
Days on Site 87
Property Type Commercial Sale
MLS ® 733440364
Year Built 1910
Total Square Footage 4,800
Lot/Acreage 0.09

Interior Details

  • Appliances:
  • Air Cond: MiniSplit
  • Heating: Mini Split
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Zoning: Commner
  • Roof: Composition
  • Others: Existing
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $5,178
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R128879
  • Tax Year: N/A

Payment Calculator

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Listing Location

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2823 SW 1st Ave Portland, OR 97201

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Originating MLS: Regional Multiple Listing Service, Inc.

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