602 SE 162ND AVE Portland, OR97233

$385,000
10,000 to 14,999 SqFt
Elementary School: Patrick Lynch
Middle School: Centennial
High School: Centennial
Zoning: CM2
997 days on market

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Price per acre$1.28M/ac
Time on market997 days

Property Description

Self operated car wash w/ 4 bays on busy thoroughfare located at SE Stark & 162nd. Fantastic opportunity to acquire property & business. Main systems in place are operable but in need of system upgrades to capture highest revenue. Daily on-site management & high daily business volume. Commercial Mixed Use Zoning (CM2) w/ excellent density of 2.5 : 1 Floor Area Ratio & building height of 45 ft. potential to expand the business or redevelop for multi-family, retail, or office.

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Financial Data

Date Sold2021-11-12
Sold Price$385,000
Original Price$425,000
Current Price$385,000
Property Taxes$4,212

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Home Facts

StatusSold
MLS ID21055686