Property Description

A unique opportunity to own this classic 1908 vintage Portland beauty! Nestled on the corner of SE 23rd and Ankeny, this mixed use building is currently operating as 'The Slide Inn' and 'Jade Lounge' on the main level and offers two 1413 sqft, remodeled units upstairs (two - three bedroom/one bathroom units with stackable washer/dryers, dishwashers, updated kitchens, wood flooring, trim work, molding, tons of character and charm plus balconies)! Each apartment rents $2,800/month. In addition to the restaurant, lounge and two apartments, there is a 288 sqft detached garage, a 2,865 sqft basement spanning the footprint of the building, a 476 sqft office space upstairs and an 1,819 sqft partially finished attic. This unique charmer is just waiting on personal touches for the next restaurant, bakery, coffee shop, art studio or retail occupant, while collecting the residual income of the two units above! Zoned CM1 - mixed use. Appointment only showings, do not disturb tenants.