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1516 SE 43rd Ave, Portland
$529,900
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- Price per sqft
- $238.26
- Built in
- 1902
- Property size
- 2,224 sqft
- Lot size
- 1,742 sqft
- Property type
- Residential
- Days on market
- 61
Overview
Exceptional CM2 Commercial Opportunity with Full Basement & Endless Potential – 1516 SE 43rd AveDiscover the possibilities at 1516 SE 43rd Ave, a unique commercial opportunity offering CM2 zoning, a full basement, and tremendous flexibility for an owner-user, investor, or entrepreneur.The standout feature is the full basement, providing an abundance of additional space with endless possibilities. Imagine expanded workspace, storage, offices, creative studio space, or a customized business environment—all subject to applicable zoning and permitting requirements.With CM2 zoning, this property offers the potential for a variety of commercial uses and the flexibility to bring your business vision to life. The property’s location, usable footprint, and additional basement space create an exciting combination of functionality and future potential.Whether you’re searching for a place to establish your business, expand your operations, invest for the future, or create a distinctive commercial destination, this property deserves a closer look.Opportunities like this are hard to find—bring your vision and unlock the full potential of 1516 SE 43rd Ave.
Details
Interior
- Interior features
- High Ceilings, Laundry, Washer / Dryer, Wood Floors
- Appliances
- Disposal, Free Standing Range, Free Standing Refrigerator
- Cooling
- No
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Double Pane Windows, Vinyl Frames
Exterior and lot
- Lot size
- 1,742 sqft
- Exterior features
- Deck, Fenced
- Lot features
- Level
- Architectural style
- Traditional
- View
- No
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 0
- Total parking
- 0
Schools
- High school
- Franklin
- Middle school
- Mt Tabor
- Elementary school
- Glencoe
Location
- City
- Portland
- County
- Multnomah
- Zoning
- CM2
Taxes and dues
- Annual taxes
- $6,961 (2025)
Location
1516 SE 43rd Ave, Portland, OR 97215
Monthly payment estimate
$3,400 /mo
- Principal and interest
- $2,820
- Property tax (2025)
- $580
- Total
- $3,400
Estimate only, and not an offer of credit. Assumes 20% down ($105,980) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
