About This Home

This 0-bedroom, 0-bathroom commercial at 5263 NE MLK Jr. Blvd in Portland, OR is listed for $450,000 ($473 per sqft). Built in 2007, the home offers 952 sqft of living space on a 1.60 acres lot.

Key Features

  • Built in 2007
  • 1.60 acre lot

Property Details

2007

Amenities

A/C
Listing Description

Rare opportunity to acquire a fully leased two-suite commercial condominium located on the ground floor of Vanport Square, a mixed-use retail and office complex. The Property consists of two separately demised suites, both occupied by tenants on short-term leases, providing immediate cash flow while preserving flexibility for future occupancy.The configuration creates an ideal opportunity for both investors and owner-users.

A purchaser may continue operating the Property as an income-producing investment or occupy one suite while generating rental income from the other. The front suite features prominent frontage and visibility along NE Martin Luther King Jr. Boulevard, benefiting from strong exposure to passing vehicle and pedestrian traffic. The Property is further supported by a rear off-street surface parking lot, providing convenient parking for tenants, customers, and visitors.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

5263 NE MLK Jr. Blvd

Portland, OR 97211

Property Details

Construction

Block Concrete MetalFrame

Heating

Forced AirZoned

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5263 NE MLK Jr. Blvd is listed at $450,000 ($473/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2007, 1.60 acre lot.

This property is listed by Daniel Silvey.

DS

Daniel Silvey

Agent at Knipe Realty NW Inc

Listed by Knipe Realty NW Inc · Broker phone: (360) 904-4463

MLS# 311665647· Source: Regional Multiple Listing Services· 148 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5263 NE MLK Jr. Blvd, Portland, OR 97211

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