Commercial for Sale: 200 20TH AVE, Portland, OR 97232

8,543 sqft
$2,450,000
$2,450,000
200 20TH AVE, Portland, OR 97232
8,543 sqft
$2,450,000
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Price:
$2,450,000

Type Commercial
Square Feet 8,543 sqft
Lot Size 0.34 acres
Year Built 1965
Taxes Paid $19,737

City Portland
Area 142 - Portland Northeast
County Multnomah

MLS 553318096
Status Active
DOM 15 days
Situated in Portland’s vibrant Lloyd District, this property is an ideal investment for an owner/user seeking additional income potential. Located in a bustling, walkable neighborhood near major attractions and amenities, it benefits from high foot traffic and excellent access to public transportation. Built in 1965, the LorLin Building was designed by Burton Goodrich, a protégé of Frank Lloyd Wright, reflecting a distinctive Midcentury Modern style. The LorLin Building shows clear pride of ownership, featuring a recently replaced roof under a 20-year warranty to minimize future maintenance costs. Planned exterior repainting will further boost curb appeal, drawing potential tenants and enhancing property value. Zoned RM3, the property offers flexibility for multiple uses and includes on-site parking for added convenience. A diverse tenant mix with high retention supports long-term stability.Suite 200 will be delivered vacant, offering a beautiful, highly functional space suitable for a variety of business types. Overall, this property is an outstanding investment opportunity with strong income potential, minimal capital expenditures, and a vibrant local environment, positioning it for both immediate and long-term growth.

Lot & Building Features

Cooling Central Air
Heating Forced Air, Other
Parking Description On Site, Paved
Sewer Public Sewer
Water Public Water

Price History of 200 20TH AVE, Portland, OR

Date Name Price Difference
01/24/2025 Listing Price $2,450,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 200 20TH AVE, Portland, OR

Location Map Street View
Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Apex Residential, Jordan Fezler
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20%
0.8056212244898%
6.75%
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200 20TH AVE (MLS #553318096) is a commercial listing located in Portland, OR. This commercial listing is 8,543 sqft and on a lot of 14,810 sqft (or 0.34 acres) and is 60 years old. This property was listed on 01/29/2025 and has been priced for sale at $2,450,000.

Nearby zip codes are 97202, 97209, 97212, 97214 and 97215. This property neighbors other cities such as Unknown.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Apex Residential

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Don Nunamaker, Realtors are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS., Portland, Oregon.