About this home
Prime Commercial Opportunity with Additional Multifamily Building & Ample Parking! Discover a versatile commercial property offering two buildings, multiple income possibilities, and a huge paved parking lot—all situated on one completely fenced-in lot. The 1999 commercial building features durable metal siding, metal roofing, and block-face construction, along with two separate 1st floor level of storefront/retail space, providing flexibility for a variety of business uses. A one-car attached garage adds valuable storage or workspace, while the expansive paved lot offers plenty of parking for customers, employees, tenants, or multiple businesses. Also included is a detached three-unit building constructed in 1980, featuring vinyl siding, vinyl trim, and gutters. The building consists of a three-bedroom, two-bath main residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a one-car garage. This additional building offers excellent potential for rental income, owner occupancy, office space, or future redevelopment opportunities. Both buildings are being sold together, as-is, and as one parcel. The three-unit building will require interior work, providing an opportunity for a new owner to renovate and customize the space to meet their needs. The entire property is completely fenced, providing added security and clearly defined boundaries. With substantial paved parking, multiple commercial spaces, an attached garage, a separate multifamily building, and numerous potential uses, this is an opportunity worth exploring. Commercial, investment, owner-user, and redevelopment potential all in one property!
Listing last checked: Listing updated:
Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1678817
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior2 property facts
- Heating
- Other
- Flooring
- Carpet, Laminate, Ceramic Tile
Building4 property facts
- Style
- General Commercial
- Year built
- 1999
- Foundation
- Brick/Mortar, Slab
- Roof
- Metal, Shingle
Land & utilities4 property facts
- Lot size
- 0.54 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B-2B
Financial2 property facts
- Annual taxes
- $15,479
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $2,000,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,403 / monthAdjust
- Principal & interest
- $10,113
- Property tax
- $1,290
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $15,479. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Explore more of Portland
Continue your search in Portland.
Need help making sense of this home?
About 819-829 Forest Avenue
Can I request a private showing?
Request a tour of 819-829 Forest Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.

